Indian soybean declined substantially this week tracing the domestic fundamentals. The earlier on set of the monsoon and the likely rise in MSP by the government pressurized the prices. The progress of the monsoon in South India has opened up all possibilities for the timely arrival of the rain in the Madhya Pradesh, Maharashtra and Rajasthan which are the major growing areas of soy bean. The brightened prospects of the weather recovery in U.S are also expected pressurize the CBOT prices and retain the same effect on Indian market.