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Wednesday, December 06, 2006

Sharekhan Commodities Buzz dated December 06, 2006


Soybean: Back on track
Soybean futures witnessed a major turnaround yesterday after several subdued sessions. The off take in the spot markets was good as the players are still bullish in the medium to long term. The CBOT prices also closed in the green. Processors have been procuring soybean directly from the farmers and choupals in Madhya Pradesh.

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