Soybean up by 0.5% on fresh buying

Soyabean future prices improved by Rs 17 to Rs 3,810 per quintal in future trading today following fresh buying by traders on strong physical market sentiments.

 

Marketmen said firm spot markets cue, where prices of soyabean rose smartly on restricted supply, mainly supported the prices.

 

At the National Commodity and Derivatives Exchange, soybean prices for July moved up by Rs 17, or 0.45% to Rs 3,810 per quintal, with an open interest of 2,810 lots.

 

Most active October contract also edged up by Rs 14, or 0.44% to Rs 3,181 per quintal, with an open interest of 34,010 lots.