Soybean prices strengthened by Rs 33 to Rs 2,799 per quintal in futures trade today as participants built up fresh positions amid a firm trend in global markets.
Marketmen said fresh positions created by participants, taking positive cues from global markets, mainly influenced soybean prices in futures trade.
At the National Commodity and Derivative Exchange, soybean for delivery this month's contracts hardened by Rs 33, or 1.19 per cent, to Rs 2,799 per quintal, with an open interest of 8,680 lots.
The most-traded delivery in July also edged up by Rs 6, or 0.21 per cent, to Rs 2,806 per quintal, in an open interest of 92,080 lots.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)