Soybean futures slip on muted demand
On the National Commodity and Derivatives Exchange, soybean contracts for December delivery eased by Rs 46, or 1.03 percent, to Rs 4,441 per quintal with an open interest of 1,64,080 lots.
By PTI |
Soybean prices on Monday fell by Rs 46 to Rs 4,441 per quintal in futures market as participants cut down their positions on weak spot demand.
On the National Commodity and Derivatives Exchange, soybean contracts for December delivery eased by Rs 46, or 1.03 per cent, to Rs 4,441 per quintal with an open interest of 1,64,080 lots.
Soybean for January delivery declined by Rs 55, or 1.22 per cent, to Rs 4,448 per quintal with an open interest of 70,480 lots.
The fall in soybean prices in futures trade was mostly due to reduction of exposure by participants, marketmen said.
On the National Commodity and Derivatives Exchange, soybean contracts for December delivery eased by Rs 46, or 1.03 per cent, to Rs 4,441 per quintal with an open interest of 1,64,080 lots.
Soybean for January delivery declined by Rs 55, or 1.22 per cent, to Rs 4,448 per quintal with an open interest of 70,480 lots.
The fall in soybean prices in futures trade was mostly due to reduction of exposure by participants, marketmen said.
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
