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Mixed trend prevails in soybean futures

Press Trust of India  |  New Delhi 

Soybean prices ruled mixed in futures trading today as delivery for August retreated after participants cut down their holdings.

At the National Commodity and Derivatives Exchange, soybean to be delivered this month fell by Rs 14, or 0.47 per cent, to Rs 2,952 per quintal, with an open interest of 30,410 lots.

On the other hand, the delivery for October gained Rs 3, or 0.10 per cent, to Rs 3,127 per quintal, having an open interest of 45,860 lots.

Marketmen said trimming of positions for August delivery mainly led to the fall in soybean futures.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, August 09 2017. 14:42 IST