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01-Dec2017

Soybean futures trade lower on NCDEX

Soybean futures traded lower on NCDEX as speculators trimmed their positions, despite good physical demand from the oil millers after hike duty on in edible oil imports.

The contract for December delivery was trading at Rs 3030.00, down by 0.13% or Rs 4.00 from its previous closing of Rs 3034.00. The open interest of the contract stood at 117790 lots.

The contract for January delivery was trading at Rs 3092.00, down by 0.19% or Rs 6.00 from its previous closing of Rs 3098.00. The open interest of the contract stood at 183950 lots on NCDEX.


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