Soyabean futures move up

Soyabean prices improved by Rs 10.50 or 0.55 per cent to Rs 1,910 per quintal on continued buying and fall in supplies at spot markets.

Marketmen said sustained buying by traders, triggered by restricted supply from the growing regions, held soyabean prices in green zone for the second straight day.

At the National Commodity and Derivatives Exchange counter, soyabean delivery for July contract rose by Rs 10.50 or 0.55 per cent to Rs 1,910 per quintal, with an open interest of 1,27,640 lots.

Current July-month contract delivery too marked ahead by Rs 7.50 or 0.39 per cent to Rs 1,941.50 per quintal, with an open interest of 63,310 lots.