Business Standard

Soybean futures rise on upbeat demand

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Press Trust of India New Delhi

Soybean prices rose 0.27 per cent to Rs 3,770 per quintal in futures trade Monday after traders raised their bets in tune with upbeat overseas leads.

Marketmen said widening of bets by investors, taking positive cues from global markets, mainly gave push to soybean prices at futures trade here.

On the National Commodity and Derivatives Exchange, soybean contracts for July delivery went up by Rs 10, or 0.27 per cent, to Rs 3,770 per quintal with an open interest of 43,170 lots.

Similarly, soybean contracts for August edged up by Rs 23, or 0.61 per cent, to Rs 3,810 per quintal with an open interest of 9,980 lots.

 

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First Published: May 27 2019 | 3:50 PM IST

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