Soybean prices rose by Rs 24 to Rs 3,673 per quintal in futures trade Thursday on accumulation of bets by traders on firm demand.
Marketmen said widening of portfolios by investors taking positive cues from spot market mainly influenced soybean prices.
On the National Commodity and Derivatives Exchange, soybean delivery for July contracts advanced by Rs 24, or 0.66 per cent, to Rs 3,673 per quintal with an open interest of 93,960 lots.
In a similar way, the delivery of August contracts edged up by Rs 15, or 0.41 per cent, to Rs 3,698 per quintal having an open interest of 15,120 lots.
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