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NEW DELHI: Soybean prices on Monday went up by Rs 197 to Rs 8,350 per quintal in futures market as traders created fresh positions tracking positive spot demand.
On the National Commodity and Derivatives Exchange, soybean for September delivery rose by Rs 197, or 2.42 per cent, to Rs 8,350 per quintal with an open interest of 20,645 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 September delivery rose by Rs 197, or 2.42 per cent, to Rs 8,350 per quintal with an open interest of 20,645 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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