Soyabean futures climb over 2% on positive global cues

Soyabean prices zoomed Rs 67 to Rs 3,380 per quintal in futures trading today as speculators enlarged their bets on the back of firm overseas and domestic markets sentiment.
At the National Commodity and Derivatives Exchange, soybean for delivery in October month contracts edged up by Rs 67, or 2.02 per cent to Rs 3,380
per quintal, with an open interest of 49,200 lots.
Also, most-active November month delivery flared up by same margins of Rs 67, or 2.03 per cent to Rs 3,373 per quintal and open interest revealing in 80,640 lots.
Marketmen said the rise in soyabean prices at futures trade was mostly attributed to a firming trend at the domestic market and positive global cues.