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Soybean futures see mixed trend

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Press Trust of India New Delhi

Soybean depicted a mixed trend in futures trade today with delivery in July contracts falling after participants trimmed their bets.

At the National Commodity and Derivatives Exchange, soybean to be delivered this month eased by Rs 8, or 0.23 per cent, to Rs 3,525 per quintal with an open interest of 12,460 lots.

On the other hand, for the October month contract rose by Rs 30, or 0.90 per cent, to Rs 3,374 per quintal as participants raised bets. The volume of business stood at 54,160 open lots.

Marketmen said profit-booking by participants led to the fall in prices of July contracts, while delivery in October month edged higher.

 

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First Published: Jul 18 2018 | 1:20 PM IST

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