Soybean futures rise on fresh bets
On the National Commodity and Derivatives Exchange, soybean for August delivery rose by Rs 314, or 3.37 per cent, to Rs 9,625 per quintal with an open interest of 1,615 lots.
By PTI |
Agencies
NEW DELHI: Soybean prices on Wednesday went up by Rs 314 to Rs 9,625 per quintal in futures market as traders created fresh positions tracking positive spot demand.
On the National Commodity and Derivatives Exchange, soybean for August delivery rose by Rs 314, or 3.37 per cent, to Rs 9,625 per quintal with an open interest of 1,615 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 August delivery rose by Rs 314, or 3.37 per cent, to Rs 9,625 per quintal with an open interest of 1,615 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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