Soyabean prices surged by Rs 28.50 to Rs 2,099 per quintal in future trading today on the back of firm overseas makets sentiment.
Analysts attributed restricted supplies in the physical markets on hopes of further rise in prices to the rise in soyabean future prices.
Rising export demand also helped boost the trading sentiments.
At the National Commodity and Derivatives Exchange, soyabean price for far December month contract jumped up by Rs 28.50 or 1.38 per cent to Rs 2, 099 per quintal, with an open interest of 3,330 lots.
Current August month contract also surged by Rs 14.50, or 0.70 to Rs 2,074 per quintal, clocking an open interest of 1,05,890 lots.
