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Soyabean futures fall on weak exports demand

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Press Trust of India New Delhi

Soyabean futures prices fell by Rs 13 or 0.68 per cent to Rs 1,907 per quintal on sluggish exports demand against increased supplies in spot markets.

Increased supplies from the producing regions against slack demand also dampened the trading sentiment in futures trade.

At the National Commodity and Derivatives Exchange, soyabean delivery for July-month contract slipped by Rs 13 or 0.68 per cent to Rs 1,907 per quintal, with an open interest of 1,47,990 lots.

Soyabean delivery for June also declined by Rs 12.50 or 0.64 per cent at Rs 1,946 per quintal, with an open interest of 47,520 lots.

 

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First Published: Jun 15 2010 | 2:22 PM IST

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