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The fall in soybean prices in futures trade was mostly due to reduction of exposure by participants
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Soybean prices on Tuesday fell by Rs 540 to Rs 8,466 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 August delivery fell Rs 540, or 6 per cent, to Rs 8,466 per quintal with an open interest of 8,730 lots.
The fall in soybean prices in futures trade was mostly due to reduction of exposure by participants, marketmen said.
(PTI)