Soyabean futures remain up on global cues

Continuing its upward march for the third straight day, soyabean prices were up by another Rs 28 to trade at Rs 4,090 per quintal in early trade at the futures market today as participants engaged in enlarging their positions, tracking a firming trend in global market.
Marketmen said apart from firming trend at overseas market, strong demand at the domestic physical markets driven by ongoing festive season, attributed persistent rise in soyabean prices at futures trade.
At the National Commodity and Derivatives Exchange, soyabean delivery for October strengthened by Rs 28, or 0.69 per cent, to Rs 4,090 per quintal, in an open interest of 2,380 lots.

Also, most-active delivery in November was trading higher by Rs 15, or 0.37 per cent, to Rs 4,111 per quintal, having an open interest of 88,560 lots.