By admin       2018-03-23

U.S Share Market (Dow Jones) Close Down 700 Points After Trump Slap Tariff On China. *China Plans To Target 128 U.S Products To React Against Trump Tariff. *India. Nifty May Open 125 Points Down & May Fall Below 10000. CBot Soy Complex Reacted Quitely Despite Threat Of China Reaction After Trump Imposed 25% Tariff. *Soybean Recover From Lows & Close Flat As Argentina Crop Size Continues To Fall. *Argentina Buenos Grain Exch. (BAGE) Now See Soy Crop 395 Lakh Tons Vs. Earlier Forecast 420 Lakh. *Analyst Expect Soy Crop Size In Range Of 250-350 Lakh Tons. CBot Soy DoC Was Big Winner & Close 1.8% Due To Argentina Dryness. *Soy Oil Continues To Remain Under Pressure Due To High Stock & Weak Crude Oil. *U.S Plants Have 18.6 Lakh Pounds Of Soy Oil As On 01-February As Per Reports Vs. Market Expectation Of 17.7 Lakh Pounds. KLC May Re-Test 2423 On Weak CBot & Worry 5% Export Tax Will Slow Demand. *Prices Will Recover Ob Hopes Of Ramzan Demand & Rush Buying Before 5% Tax Applicaable From April. *Prices Will Be Choppy Due To CBot & Dollar Movement. *Every News Will Swing The Market. *KLC Will Not Rise Till 2454 Broken

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