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Soyabean futures up on renewed buying support

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 8:45 PM IST

Soyabean futures prices rose up by Rs 14 to Rs 2,533 per quintal today on sustained buying support by traders on the back of firm overseas advices.

Pick up in demand at domestic markets from retailers and exporting units also pushed up the prices here in futures trade, they said.

At the National Commodity and Derivatives Exchange, soybean for August contract moved up by Rs 14, or 0.56%, to Rs 2,533 per quintal, clocking an open interest of 8,050 lots.

Current April month contract increased by Rs 9.50, or 0.40%, to Rs 2,397.50 per quintal, with an open interest of 1,04,300 lots.

Prices for May contract also rose by Rs 10, or 0.41%, to Rs 2,445.50 per quintal, with a business turnover of 1,88,700 lots.

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First Published: Apr 05 2011 | 2:36 PM IST

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