Soybean futures rise on fresh bets
On the National Commodity and Derivatives Exchange, soybean for September delivery rose by Rs 47, or 0.59 per cent, to Rs 8,040 per quintal with an open interest of 16,735 lots.
By PTI |
Agencies
NEW DELHI: Soybean prices on Tuesday went up by Rs 47 to Rs 8,040 per quintal in futures market as traders created fresh positions tracking positive spot demand.
On the National Commodity and Derivatives Exchange, soybean for September delivery rose by Rs 47, or 0.59 per cent, to Rs 8,040 per quintal with an open interest of 16,735 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 September delivery rose by Rs 47, or 0.59 per cent, to Rs 8,040 per quintal with an open interest of 16,735 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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