Soybean prices were down by Rs 26 to Rs 2,718 per quintal in futures trading today following profit booking by speculators at prevailing higher levels, taking subdued global markets cues.
Marketmen said emergence of profit-booking by participants at current levels and weak global cues, led to fall in soybean prices at futures trade here.
In global markets, prices were under pressure on bumper crops.
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At the National Commodity and Derivative Exchange, soybean to be delivery in June declined by Rs 26 or 0.82 per cent to Rs 2,718 per quintal, in an open interest of 1,19,110 lots.
Soybean for delivery in far-month July also dropped by Rs 23 or 0.82 per cent to Rs 2,781 per quintal, having an open interest of 57,560 lots.
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