Marketmen said cut down in positions by participants on fading demand at the physical markets and a weak trend overseas, dampened the sentiments and pulled down soybean prices at futures trade.
At the National Commodity and Derivatives Exchange, soybean for delivery in December drifted down by Rs 35, or 1.11 per cent, to Rs 3,120 per quintal, clocking an open interest of 1,17,890 lots.
Also, delivery in far-month January was trading lower by Rs 34, or 1.06 per cent, to Rs 3,186 per quintal, having an open interest of 69,930 lots.
Disclaimer: No Business Standard Journalist was involved in creation of this content