Business Standard

Soybean up by Rs 15/quintal on global cues

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Press Trust of India New Delhi

Soybean prices scaled higher by Rs 15 to Rs 3,769 per quintal in futures trade today following raising of bets by the traders and upbeat global cues.

Market players said traders were building up positions bolstered by upbeat overseas sentiments, which reflected upturn in soybean futures prices.

At the National Commodity and Derivatives Exchange counter, soybean delivery for June gained by RS 15 or 0.40 per cent to Rs 3,769 per quintal, with an open interest of 1,49,370 lots.

Likewise, the delivery for July moved up by Rs 14 or 0.37 per cent to Rs 3,799 per quintal, persisting an open interest of 51,760 lots.

 

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First Published: May 22 2018 | 1:00 PM IST

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