 "Soybean up 1.6% on global cues")
Soybean prices rose by Rs 58 to Rs 3,537.50 per quintal in future trade today on increased buying in line with firming overseas cues.
Marketmen said traders enlarging their positions influenced by a firming global trend, mainly pushed up soybean prices at futures market.
At the National Commodity and Derivatives Exchange, soybean for current October contract improved by Rs 58, or 1.67% to Rs 3,537.50 per quintal with an open interest of 37,900 lots.
Most active near November contract hardened by Rs 45.50, or 1.30% to Rs 3,546 per quintal, having an open interest of 1,32,590 lots.
Marketmen said traders enlarging their positions influenced by a firming global trend, mainly pushed up soybean prices at futures market.
At the National Commodity and Derivatives Exchange, soybean for current October contract improved by Rs 58, or 1.67% to Rs 3,537.50 per quintal with an open interest of 37,900 lots.
Most active near November contract hardened by Rs 45.50, or 1.30% to Rs 3,546 per quintal, having an open interest of 1,32,590 lots.