Soybean futures rise on fresh bets
On the National Commodity and Derivatives Exchange, soybean for September delivery rose by Rs 307, or 3.84 per cent, to Rs 8,308 per quintal with an open interest of 16,495 lots.
By PTI |
Agencies
NEW DELHI: Soybean prices on Wednesday went up by Rs 307 to Rs 8,308 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 307, or 3.84 per cent, to Rs 8,308 per quintal with an open interest of 16,495 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 307, or 3.84 per cent, to Rs 8,308 per quintal with an open interest of 16,495 lots.
Marketmen said raising of fresh positions by speculators on the back of higher demand mainly led to rise in soybean prices.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
ADVERTISEMENT
