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11-Jul2017

Soyabean futures trade marginally lower on NCDEX

Soyabean futures traded marginally lower on NCDEX as speculators trimmed their positions, despite deficient rains in soybean growing areas and higher soymeal exports.

The contract for July delivery was trading at Rs 2976.00, down by 0.9% or Rs 27.00 from its previous closing of Rs 3003.00. The open interest of the contract stood at 24630 lots.

The contract for August delivery was trading at Rs 3072.00, down by 0.36% or Rs 11.00 from its previous closing of Rs 3083.00. The open interest of the contract stood at 75380 lots on NCDEX.


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