Soyabean Futures For Near Month Shows Marginal Recovery (19-Aug-2010)
Soyabean futures are witnessing marginal recovery on Thursday though, the mood continue to remain weak in both spot as well as futures markets and some panic selling can be expected viewing the market arrivals which have significantly increased in the Madhya Pradesh and Maharashtra region.
The contract for August delivery was trading at Rs 2070.00, up by 0.07% or Rs 1.50 from its previous closing of Rs 2068.50. The open interest of the contract stood at 42240 lots.
The contract for September delivery was trading at Rs 2071.00, down by 0.31% or Rs 6.50 from its previous closing of Rs 2077.50. The open interest of the contract stood at 146790 lots on NCDEX.
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