Soybean futures fall on weak global cues
By PTI | Published: 08th December 2017 12:09 PM |
New Delhi, Dec 8 (PTI) Soybean prices fell Rs 21 to Rs 3,061 per quintal in futures trading today as speculators cut down positions amid muted overseas cues.
Marketmen said trimming of holdings by participants, largely in line with falling prices overseas, weighed on soybean futures here.
At the National Commodity and Derivative Exchange, soybean to be delivered in December month slackened by Rs 21 or 0.68 percent to Rs 3,061 per quintal, with an open interest of 40,120 lots.
The most-traded delivery in January month contracts also slipped by Rs 20 or 0.64 per cent to Rs 3,119 per quintal, having an open interest of 2,37,170 lots. PTI SDG SUN ABM .
This is unedited, unformatted feed from the Press Trust of India wire.