Business Standard

Soybean prices rise on high demand


Press Trust of India New Delhi
Soybean prices rose by Rs 10 to Rs 3,709 per quintal in futures trade Wednesday on firm demand at the spot market.
On the National Commodity and Derivatives Exchange, soybean contracts for June traded higher by Rs 10, or 0.27 per cent, at Rs 3,709 per quintal in 95,320 lots.
Soybean contracts for July delivery also rose by Rs 17, or 0.46 per cent, to Rs 3,747 per quintal in 55,160 lots.
Marketmen said fresh positions created by participants, following a surge in domestic as well as export demand, pushed up soybean prices in futures trade here.

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First Published: May 29 2019 | 3:15 PM IST

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