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Soybean futures up by Rs 15 per quintal

Soybean futures up by Rs 15 per quintal


July 27, 2016 | UPDATED 12:35 IST

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New Delhi, Jul 27 (PTI) Soybean prices were higher by Rs 15 to Rs 3,615 per quintal in futures trading today after participants widened their bets, tracking a firming trend overseas. The rise in soybean prices at futures trade was mostly attributed to enlarging of positions by participants, driven by a firming trend in global market, traders said. At the National Commodity and Derivative Exchange, soybean for delivery in far-month October contracts gained Rs 15, or 0.42 per cent to Rs 3,615 per quintal, in an open interest of 53,500 lots. On similar lines, delivery in November month contracts was trading higher by Rs 11, or 0.31 per cent to Rs 3,616 per quintal, with an open interest of 41,610 lots.PTI SDG SUN JM MKJ