Soyabean futures shed by 0.76% on renewed selling

Soyabean prices lost Rs 15.50, or 0.76 per cent, to Rs 2,018.50 per quintal in futures trading today on continued selling by traders, in tandem with weak global market cues.

Marketmen said weak trends in overseas markets, directed the fall in soyabean prices here in futures market.

At the National Commodity and Derivatives Exchange counter, soyabean prices for mid November contract eased by Rs 15.50, or 0.76 per cent, to Rs 2,018.50 per quintal, with an open interest of 98,030 lots.

Most-active September delivery contract also slipped by Rs 14.50, or 0.71 per cent, to Rs 2,017 per quintal, with an open interest of 1,10,390 lots.