Market players said cutting down of positions by the speculators, taking the weak cues from overseas as well as domestic markets, mainly weighed on prices here in futures trading.
Besides, reports of bumper soybean output in North and Latin America, too kept pressure on prices, they added.
At the National Commodity and Derivative Exchange, soybean for delivery in June slided by Rs 20 or 0.66 per cent to Rs 2,992 per quintal, having an open interest of 82,120 lots.
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