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Soybean futures rise on strong global cues

Press Trust of India  |  New Delhi 

prices rose by Rs 35 to Rs 3,562 per in futures trade today as participants raised holdings, guided by robust overseas cues.

Market players attributed the uptick in futures prices to firm global markets sentiments.

Besides, the uptrend in the edible oils prices also helped to boost trading sentiments in futures, they added.

At the National Commodity and Derivatives Exchange counter, soybean delivery for this month contract moved up by Rs 35, or 0.99 per cent, to Rs 3,562 per with an open interest of 62,790 lots.

Similarly, soybean for delivery in October contract rose by Rs 31, or 0.89 per cent, to Rs 3,522 per with an open interest of 34,590 lots.

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

First Published: Mon, July 09 2018. 13:00 IST