Soybean futures rise on upbeat demand

Image
Press Trust of India New Delhi
Last Updated : May 27 2019 | 3:50 PM IST

Soybean prices rose 0.27 per cent to Rs 3,770 per quintal in futures trade Monday after traders raised their bets in tune with upbeat overseas leads.

Marketmen said widening of bets by investors, taking positive cues from global markets, mainly gave push to soybean prices at futures trade here.

On the National Commodity and Derivatives Exchange, soybean contracts for July delivery went up by Rs 10, or 0.27 per cent, to Rs 3,770 per quintal with an open interest of 43,170 lots.

Similarly, soybean contracts for August edged up by Rs 23, or 0.61 per cent, to Rs 3,810 per quintal with an open interest of 9,980 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: May 27 2019 | 3:50 PM IST

Next Story