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    Soybean futures rise on fresh bets

    Synopsis

    On the National Commodity and Derivatives Exchange, soybean for August delivery rose by Rs 4, or 0.05 per cent, to Rs 8,131 per quintal with an open interest of 43,850 lots.

    Agencies
    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 Thursday went up by Rs 4 to Rs 8,131 per quintal in futures market as traders created fresh positions tracking positive spot demand.

    On the National Commodity and Derivatives Exchange, soybean for August delivery rose by Rs 4, or 0.05 per cent, to Rs 8,131 per quintal with an open interest of 43,850 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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