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    Soybean futures rise on fresh bets

    Synopsis

    On the National Commodity and Derivatives Exchange, soybean for September delivery rose by Rs 47, or 0.59 per cent, to Rs 8,040 per quintal with an open interest of 16,735 lots.

    soybeans-oilAgencies
    Marketmen said raising of fresh positions by speculators on the back of higher demand mainly led to rise in soybean prices.
    NEW DELHI: Soybean prices on Tuesday went up by Rs 47 to Rs 8,040 per quintal in futures market as traders created fresh positions tracking positive spot demand.

    On the National Commodity and Derivatives Exchange, soybean for September delivery rose by Rs 47, or 0.59 per cent, to Rs 8,040 per quintal with an open interest of 16,735 lots.

    Marketmen said raising of fresh positions by speculators on the back of higher demand mainly led to rise in soybean prices.



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    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

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