Soybean futures slip on muted demand

On the National Commodity and Derivatives Exchange, soybean contracts for September delivery fell Rs 62, or 0.71 per cent, to Rs 8,680 per quintal with an open interest of 11,815 lots.

Agencies
The fall in soybean prices in futures trade was mostly due to reduction of exposure by participants, marketmen said.
NEW DELHI: Soybean prices on Monday fell by Rs 62 to Rs 8,680 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 62, or 0.71 per cent, to Rs 8,680 per quintal with an open interest of 11,815 lots.

The fall in soybean prices in futures trade was mostly due to reduction of exposure by participants, marketmen said.

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