Soybean futures slip on muted demand
On the National Commodity and Derivatives Exchange, soybean contracts for September delivery fell Rs 107, or 1.37 per cent, to Rs 8,770 per quintal with an open interest of 14,755 lots.
By PTI |
Agencies
NEW DELHI: Soybean prices on Monday fell by Rs 107 to Rs 8,770 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 September delivery fell Rs 107, or 1.37 per cent, to Rs 8,770 per quintal with an open interest of 14,755 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 September delivery fell Rs 107, or 1.37 per cent, to Rs 8,770 per quintal with an open interest of 14,755 lots.
The fall in soybean prices in futures trade was mostly due to reduction of exposure by participants, marketmen said.
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