Breaking News

You are here » Indian-Commodity  :  Commodities  :  Other Commodities  :  Soybean futures edge up on NCDEX

12-Sep2018

Soybean futures edge up on NCDEX

Soybean futures edged up on NCDEX as speculators built up fresh positions on the back of weak stocks and demand hopes of soymeal. Prices also seen supported due to the threat of pest outbreaks in Kharif crops, the agriculture department has also become cautious. However, some gains were capped with forecast of bumper soybean crop in coming season.

The contract for October delivery was trading at Rs 3270.00, up by 0.25% or Rs 8.00 from its previous closing of Rs 3262.00. The open interest of the contract stood at 65240 lots.

The contract for November delivery was trading at Rs 3299.00, up by 0.33% or Rs 11.00 from its previous closing of Rs 3288.00. The open interest of the contract stood at 54940 lots on NCDEX.


Related News

View all news

Coriander futures trade up on restricted arrivals

Coriander futures traded up on NCDEX as speculators built up fresh positions amid rising spot demand. Besides, tight stocks on account of restricted arrivals from major growing regions also fuelled the......

Barley futures trade higher on good demand

Barley futures traded higher on NCDEX, due to widening of bets by the speculators tracking good physical demand from domestic markets.The contract for May delivery was trading at Rs 1770.00, up by 0.28%......

Coriander futures trade up on restricted arrivals

Coriander futures traded up on NCDEX as speculators built up fresh positions amid rising spot demand. Besides, tight stocks on account of restricted arrivals from major growing regions also fuelled the......

Top News

View all news

Quess Corp, Ashoka Buildcon and ICICI Bank to see some action today

Quess Corp's subsidiary Conneqt Business Solutions has signed definitive agreements to acquire a majority stake in Allsec Technologies. The transaction involves Conneqt purchasing 35.35% from the promoters,......

Quess Corp's arm to acquire majority stake in Allsec Technologies

Quess Corp's subsidiary -- Conneqt Business Solutions has signed definitive agreements to acquire a majority stake in Allsec Technologies. The transaction involves Conneqt purchasing 35.35% from the promoters,......

Ashoka Buildcon's JV receives LoA from Rail Vikas Nigam

Ashoka Buildcon's Joint Venture (JV) -- ABL-STS JV, wherein the Company is lead member, has received a Letter of Award (LoA) from Rail Vikas Nigam (RVNL). The accepted Bid Value of the Project is Rs 443.23......