Soybean down 0.6% on profit booking
Most active near December contract weakened by 0.48%
 "Soybean down 0.6% on profit booking")
Soybean prices fell by Rs 25.50 to Rs 3,982 per quintal in futures trading today following profit booking at higher levels.
Marketmen said profit taking by traders at higher levels, driven by weak overseas demand mainly pulled down trading sentiments in soybean future prices.
At the National Commodity and Derivatives Exchange, soybean prices for February contract month slipped by Rs 25.50, or 0.64%, to Rs 3,982 per quintal, with an open interest of 12,480 lots.
Current November contract also sheded Rs 15.50, or 0.40%, to Rs 3,899.50 per quintal, in an open interest of 66,360 lots.
Marketmen said profit taking by traders at higher levels, driven by weak overseas demand mainly pulled down trading sentiments in soybean future prices.
At the National Commodity and Derivatives Exchange, soybean prices for February contract month slipped by Rs 25.50, or 0.64%, to Rs 3,982 per quintal, with an open interest of 12,480 lots.
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Most active near December contract weakened by Rs 19, or 0.48%, to Rs 3,930 per quintal, clocking an open interest of 1,09,80 lots.
Current November contract also sheded Rs 15.50, or 0.40%, to Rs 3,899.50 per quintal, in an open interest of 66,360 lots.