Soybean prices fell by Rs 34 to Rs 3,498 per quintal in futures trade Tuesday as traders cut down their positions amid weak cues from the spot market.
On National Commodity and Derivatives Exchange, soybean contracts for July delivery moved down by Rs 34, or 0.96 per cent, to Rs 3,498 per quintal with an open interest of 17,360 lots.
Marketmen said the fall in soybean prices was mostly due to reduction of exposure by participants.
Soybean contracts for August delivery also fell by Rs 3, or 0.08 per cent, to Rs 3,572 per quintal with an open interest of 74,180 lots.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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