Monday 30 March 2015

MARKET REVIEW FOR 31 MARCH 2015 BY MONETARY SOLUTION

TODAY'S MARKET REVIEW

               The soybean futures on NCDEX platform traded on a positive note on Monday due to speculative buying and closed the day up by 1.27%
               In Madhya Pradesh, soybean arrivals were 30,000 bags same as that of last week end. (1bag=100kg).
              Few of the mandis in MP are closed due to financial year ending.
              CBOT May future prices closed up marginally by 0.05% starting the day with a negative note and eCBOT is trading at 967 cents/bushels, down by 0.08%
               USDA is releasing its Prospective Planting data later tonight,which will give direction of planting of various crops during upcoming season in US.

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