Soybean prices rose by Rs 10 to Rs 3,700 per quintal in futures trade on Tuesday as traders created fresh positions supported by a strong spot demand.
On the National Commodity and Derivatives Exchange, soybean for delivery in October was up by Rs 10, or 0.27 per cent, at Rs 3,700 per quintal in 9,560 lots.
Soybean for delivery in November rose by Rs 15, or 0.41 per cent, to Rs 3,643 per quintal in 79,690 lots.
Market players said raising of fresh positions by speculators on the back of high demand mainly led to rise in soybean prices here.
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