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NEW DELHI: Soybean prices on Thursday went up by Rs 159 to Rs 7,340 per quintal in futures market as traders created fresh positions tracking positive spot demand.
On the National Commodity and Derivatives Exchange, soybean for July delivery rose by Rs 159, or 2.21 per cent, to Rs 7,340 per quintal with an open interest of 28,150 lots.
Marketmen said raising of fresh positions by speculators on the back of higher demand mainly led to rise in soybean prices.
On the National Commodity and Derivatives Exchange, soybean for July delivery rose by Rs 159, or 2.21 per cent, to Rs 7,340 per quintal with an open interest of 28,150 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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