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Soybean prices declined further due to fresh arrivals.

At NCDEX. Soybean December futures contract opened with positive not but later on afternoon session soybean prices declined due to fresh arrivals in the spot market and prices went donw up to RS. 3806 per quintal. Lower demand pushed prices down. NCDEX soybean futures trade ended at RS. 3822 per quintal losing 2.48% of its previous close. For today, we expect Soybean prices to trade on a bearish trend.

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