On the National Commodity and Derivatives Exchange, soybean contracts for May delivery fell Rs 10, or 0.26 percent, to Rs 3,876 per quintal with an open interest of 27,765 lots.
PTI
@moneycontrolcom
Soybean prices on Tuesday fell by Rs 10 to Rs 3,876 per quintal in futures market as participants cut down their positions on weak spot demand.
On the National Commodity and Derivatives Exchange, soybean contracts for May delivery fell Rs 10, or 0.26 percent, to Rs 3,876 per quintal with an open interest of 27,765 lots.
Soybean for June delivery went down by Rs 22, or 0.58 percent, to Rs 3,790 per quintal with an open interest of 76,165 lots.
The fall in soybean prices in futures trade was mostly due to reduction of exposure by participants, marketmen said.
Moneycontrol Ready Reckoner
Now that payment deadlines have been relaxed due to COVID-19, the Moneycontrol Ready Reckoner will help keep your date with insurance premiums, tax-saving investments and EMIs, among others.
Special Offer: Subscribe to Moneycontrol PRO’s annual plan for ₹1/- per day for the first year and claim exclusive benefits worth ₹20,000. Coupon code: PRO365
First Published on May 12, 2020 03:22 pm