The demand for soybean is expected to increase during
this week. Stockists and farmers are not willing to sell their
stocks on expectations of the prices going up. However, the
downtrend in soy meal prices has kept away the players from buying
aggressively in the last month. Agriculture minister Sharad Pawar
has said that the industry has estimated India's kharif 2006 oilseed
output at 12.8 million tonne as against 13.7 million tonne a year
ago.