Soybean futures jump 1% amid strong spot demand
16 Jun 2021
NEW DELHI: Soybean prices on Wednesday went up by Rs 75 to Rs 7,350 per quintal in futures market as traders created fresh positions tracking positive spot demand.
Marketmen said raising of fresh positions by speculators on the back of higher demand mainly led to rise in soybean prices.
Soybean for July delivery went down by Rs 87, or 1.32 per cent to Rs 6,685 per quintal with an open interest of 38,615 lots.