Soyabean futures up on global cues

Image
Press Trust of India New Delhi
Last Updated : May 22 2014 | 12:26 PM IST
Soyabean firmed up by Rs 77 to Rs 4,578 per quintal in futures trading today on the back of speculative buying activity, tracking a firm overseas.
At the National Commodity and Derivatives Exchange counter, soybean prices for the delivery in June month contracts spurted by Rs 77, or 1.71 per cent, to Rs 4,578 per quintal, with an open interest of 1,21,620 lots.
Similarly, delivery in July month traded Rs 72, or 1.62 per cent, higher at Rs 4,523 per quintal in an open interest of 65,400 lots.
Marketmen attributed rise in soyabean prices at futures trade to firming trend in the global markets and rising demand at domestic markets.
*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

More From This Section

First Published: May 22 2014 | 12:26 PM IST

Next Story