Soybean futures rise on fresh bets
On the National Commodity and Derivatives Exchange, soybean for July delivery rose by Rs 281, or 4.08 per cent, to Rs 7,175 per quintal with an open interest of 37,375 lots.
By PTI |
Agencies
NEW DELHI: Soybean prices on Tuesday went up by Rs 281 to Rs 7,175 per quintal in futures market as traders created fresh positions tracking positive spot demand.
On the National Commodity and Derivatives Exchange, soybean for July delivery rose by Rs 281, or 4.08 per cent, to Rs 7,175 per quintal with an open interest of 37,375 lots.
Marketmen said raising of fresh positions by speculators on the back of higher demand mainly led to rise in soybean prices.
On the National Commodity and Derivatives Exchange, soybean for July delivery rose by Rs 281, or 4.08 per cent, to Rs 7,175 per quintal with an open interest of 37,375 lots.
Marketmen said raising of fresh positions by speculators on the back of higher demand mainly led to rise in soybean prices.
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