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Soybean prices rose by Rs 42 to Rs 3,378 per quintal in futures trading today on low levels buying amid firm physical sentiment.
Marketmen said apart from increased buying by traders, limited supplies in spot markets mainly pushed up soybean prices.
At the National Commodity and Derivatives Exchange, soybean prices for April month rose by Rs 42, or 1.14%, to Rs 3,378 per quintal, clocking an open interest of 1,04,000 lots.
Most active near March month improved by Rs 36.50, or 0.97%, to Rs 3,780.50 per quintal, with an open interest of 1,09,260 lots.
February month rose by Rs 24, or 0.63%, at Rs 3,858 per quintal, in an open interest of 79,460 lots.
