Soybean futures ease on global cue

Image
Press Trust of India New Delhi
Last Updated : Jun 22 2017 | 1:13 PM IST
Soybean prices lost Rs 21 to Rs 2,790 per quintal in futures trade today after participants reduced positions in the wake of subdued overseas market.
Market players said fall in its prices at international markets due to bumper crop mainly dampened trading sentiments here in the futures market.
At the National Commodity and Derivative Exchange, soybean for delivery in July month dropped by Rs 21 or 0.75 per cent to Rs 2,790 per quintal, revealing an open interest of 82,770 lots.
Soybean to be delivered in August month contracts also moved down by Rs 21 or 0.73 per cent to Rs 2,855 per quintal, depicting an open interest of 45,770 lots.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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: Jun 22 2017 | 1:13 PM IST

Next Story