Soybean prices are trading sideways at the spot market as the arrivals of Soybean in the domestic market keeping supplies more than the demand. As per sources, peak arrivals will be observed during the month of December which may pressurize Soybean prices further. SOPA has raised the estimate for 2016-17 to 115 lakh tons from 109 lakh tons estimated earlier.
Information source: www.skymetweather.com
