Soybean prices fell by Rs 61 to Rs 3,768 per quintal at futures trade on Wednesday as investors were off-loading their holdings amid weak demand.
On the National Commodity and Derivative Exchange, soybean delivery for October contract fell by Rs 61, or 1.59 per cent, to Rs 3,768 per quintal with business turnover of 21,900 open interest.
For November delivery, the contract fell Rs 43, or 1.17 per cent, to Rs 3,644 per quintal with an open interest of 69,740 lots.
According to traders, the prices of soybean fell at futures trade due to sluggish demand and sell-off by participants.
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