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This is an archive article published on April 29, 2010

Soyabean futures move up slightly on fresh buying

Soyabean prices recovered marginally by Rs 7 or 0.35 per cent to Rs 1,981 per quintal in futures trading today on fresh buying support.

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Soyabean prices recovered marginally by Rs 7 or 0.35 per cent to Rs 1,981 per quintal in futures trading today on fresh buying support.

Marketmen said,low level buying mainly pushed up soybean prices in futures trade.

At the National Commodity and Derivatives Exchange (NCDEX) counter,soyabean delivery for June contract moved up Rs 7 or 0.35 per cent to Rs 1,981 per quintal,with an open interest of 1,04,600 lots.

Delivery for May-month contract also found fresh support and rose by Rs 4.50 or 0.22 per cent at Rs 2,021 per quintal,with an open interest of 1,41,030 lots.

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