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Soyabean futures on NCDEX on fire, rule 40% higher than CBOT


Soyabean futures on NCDEX on fire, rule 40% higher than CBOT
April 14, 2021
Oilseed crushers say movement ‘unnatural’, demand SEBI action
An “unusual” movement in soyabean futures on the National Commodities and Derivatives Exchange (NCDEX) has led to a hue and cry being raised with oilseed crushers complaining to the Centre.
The current movement has resulted in Indian futures prices ruling at least 40 per cent higher than Chicago Board of Trade (CBOT) soyabean futures.
On Tuesday, soyabean for delivery this month ended at ₹6,910 a quintal, while May and June futures closed at ₹6,727 and ₹ 6,570, respectively. NCDEX spot soyabean (Indore delivery) was quoted at 7,070 a quintal. ....

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Farmers' Protest |3 Reasons Why Prices Of Agricultural Commodities Have Not Spiked Despite The Stir


Farmers protest |3 reasons why prices of agricultural commodities have not spiked despite the stir
Most foodgrain prices have remained stable, while those of vegetables, especially kitchen staples like potato, onion and tomato, have declined in recent days.
December 10, 2020 / 07:06 PM IST
When farmers began their protests against the three new farm laws, camping along the borders of the national capital Delhi a fortnight ago, there were fears that it would lead to a sharp rise in prices of agricultural commodities.
The fears were unfounded as prices of fruits, vegetables and grains have dropped across the country. The protests, in particular, do not seem to have any impact on the prices of agricultural commodities in the National Capital Region (NCR) wholesale markets, too. ....

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