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Soyabean slips on global cues

June and July contracts shed more than 3% each as traders offload holdings

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 3:44 AM IST

Soyabean futures prices softened by Rs 111.50 to Rs 3,301 per quintal in future trading today as traders offloading their holdings tracking weak overseas cues.

Marketmen said a weak trend in International markets mainly led the fall in soyabean future prices.

At the National Commodity and Derivatives Exchange platform, soybean prices for the most-active June contract slipped by Rs 111.50, or 3.27%, to Rs 3,301 per quintal, with an open interest of 1,02,650 lots.

Prices for July were down by Rs 105, or 3.12%, to Rs 3,264 per quintal, having an open interest of 98,240 lots.

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First Published: May 23 2012 | 1:26 PM IST

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