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11-Sep2018

Soybean futures edge down on NCDEX

Soybean futures edged down on NCDEX, as speculators trimmed their positions due to lower than expected meal exports from the country coupled with forecast of bumper soybean crop in coming season.

The contract for October delivery was trading at Rs 3229.00, down by 0.22% or Rs 7.00 from its previous closing of Rs 3236.00. The open interest of the contract stood at 64850 lots.

The contract for November delivery was trading at Rs 3250.00, down by 0.18% or Rs 6.00 from its previous closing of Rs 3256.00. The open interest of the contract stood at 48430 lots on NCDEX.


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