 "Soyabean up over 3% on global cue")
Soyabean prices firmed up by Rs 94 to Rs 3,188 per quintal in future trade today following fanatic buying by traders in tandem with firm overseas markets cue.
Marketmen said tracking higher global markets sentiment where prices remained in keen demand due to low ready stocks position, sparked by surge in export demand, mainly encouraged traders to enlarge their positions.
Rise in other edible oils prices also helped to boost the trading sentiments, they added.
Likewise, the commodity for delivery in December also edged up by Rs 91, or 2.89% to Rs 3,236 per quintal, having an open interest of 68,710 lots.
Marketmen said tracking higher global markets sentiment where prices remained in keen demand due to low ready stocks position, sparked by surge in export demand, mainly encouraged traders to enlarge their positions.
Rise in other edible oils prices also helped to boost the trading sentiments, they added.
Also Read
At the National Commodity and Derivatives Exchange, soybean prices for delivery in November spurted by Rs.94, or 3.04% to Rs 3,199 per quintal, with an open interest of 90,320 lots.
Likewise, the commodity for delivery in December also edged up by Rs 91, or 2.89% to Rs 3,236 per quintal, having an open interest of 68,710 lots.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%