Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Soybean futures rise on spot demand

Mar 4, 2020, 13:28 IST

PTI

New Delhi, Mar 4 () Soybean prices on Wednesday rose by Rs 20 to Rs 3,742 per quintal in futures market as traders created fresh positions tracking positive spot demand.

On the National Commodity and Derivatives Exchange, soybean for March delivery rose by Rs 20, or 0.54 per cent, to Rs 3,742 per quintal with an open interest of 86,135 lots.

Soybean for April delivery went up by Rs 26 to Rs 3,720 per quintal with an open interest of 1,11,940 lots.

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

(This story has not been edited by www.businessinsider.in and is auto–generated from a syndicated feed we subscribe to.)