Business Standard

Soybean futures down on global cues

Image

Press Trust of India New Delhi
Soybean prices fell further by Rs 11 to Rs 2,803 per quintal in futures trade today as participants indulged in trimming positions amid a weak trend overseas.

At the National Commodity and Derivatives Exchange, soybean for delivery in March eased further by Rs 11, or 0.39 per cent, to Rs 2,803 per quintal, clocking an open interest of 99,630 lots.

Soybean for delivery in April too rose by Rs 11, or 0.38 per cent, to Rs 2,889 per quintal, open interest stood at 1,70,140 lots.

Marketmen said a weak trend in global markets mainly weighed on soybean prices at futures trade here.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 08 2017 | 2:02 PM IST

Explore News