)
Soybean prices rose by Rs 80 to Rs 3,920 per quintal in futures trade today following brisk buying by traders, driven by firm overseas cue.
Marketmen said a firming trend in international markets mainly led the rise in soyabean prices here in future trading.
Rising price of other edible oils in domestic markets ahead of "Deepavali" festivals also supported the trading sentiment, they said.
At the National Commodity and Derivatives Exchange, soybean for March contract rose by Rs 80, or 2.08%, to Rs 3,920 per quintal, with an open interest of 2,420 lots.
Most active near December contract rose by Rs 70, or 1.86%, to Rs 3,825 per quintal, having an open interest of 89,880 lots.
November contract gained Rs 64, or 1.72%, to Rs 3,789 per quintal, clocking an open interest of 83,920 lots.
