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Market move▼ Bearish for Indian equities
Soybeans fall on harvest pressure, fund liquidation, demand questions
The brief
- Soybeans fell on harvest pressure, fund liquidation and demand questions
- Lower soybean prices could weigh on Indian farmers and agriculture-linked companies
- India weighs lower pulse import duties to curb food inflation
- India steps up palm oil buying after import-duty cut spurs restocking
- Erratic monsoon cuts rice yields and threatens rural incomes and spending
- Pulses import duties may ease over poor rains
- Kitchen Budgets Hit: Onion Prices Nearly Double Amid Maharashtra Drought