Soybean prices were down by another Rs 13 to Rs 3,838 per quintal in futures trade today due to offloading of holdings by speculators in tune with weak overseas cues.
At the National Commodity and Derivative Exchange, soybean to be delivered in current month was trading lower by Rs 13 or 0.34 per cent to Rs 3,838 per quintal, with an open interest of 1,58,090 lots.
Similarly, the delivery of the May month contract of soybean fell by Rs 10 or 0.26 per cent to Rs 3,906 per quintal, open interest stood at 1,11,870 lots.
Marketmen said persistent fall in soybean prices at futures was mostly due to offloading of positions by participants.
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
