Soyabean futures prices strengthened by Rs 29 to Rs 2,523 per quintal in future trade today on the back of firm global markets cues.
Market analysts said higher overseas market trends encouraged traders to enlarge holdings. Better export demand also helped to enthused the trading sentiments, they added.
At the National Commodity and Derivatives Exchange counter, soyabean price for delivery in May climbed by Rs 29, or 1.16 per cent, to Rs 2,523 per quintal, having an open interest of 8,670 lots.
Current January-month delivery contract remained in keen demand and went up by Rs 24.50, or 1.05 per cent, to Rs 2,353 per quintal, with an open interest of 70,280 lots.
The most active near February-month delivery contract gained by Rs 27, or 1.12 per cent, to Rs 2,437 per quintal, with an open interest of 2,40,850 lots.