Breaking News

You are here » Indian-Commodity  :  Commodities  :  Other Commodities  :  Soybean futures trade lower on NCDEX

14-May2018

Soybean futures trade lower on NCDEX

Soybean futures traded lower on NCDEX as participants trimmed their positions amid uncertainty about the impact of trade disputes on demand for North American supplies despite forecasts for record breaking sales.

The contract for May delivery was trading at Rs 3674.00, down by 0.86% or Rs 32.00 from its previous closing of Rs 3706.00. The open interest of the contract stood at 16520 lots.

The contract for June delivery was trading at Rs 3720.00, down by 0.37% or Rs 14.00 from its previous closing of Rs 3734.00. The open interest of the contract stood at 160750 lots on NCDEX.


Related News

View all news

Nickel futures trade lower on sluggish demand

Nickel futures traded lower on MCX as speculators trimmed their bets, due to sluggish demand from alloy-makers and other consuming industries at the spot market.The contract for September delivery was......

Soybean futures decline on bumper crop forecast

Soybean futures declined on NCDEX, as speculators trimmed their positions amid forecast of bumper soybean crop due to good rains in soybean growing areas. However, expectations of improving exports demand......

Nickel futures decline on weak demand

Nickel futures declined on MCX as speculators cut down their bets, tracking weak demand from alloy-makers and other consuming industries at the spot market. The contract for September delivery was trading......

Top News

View all news

Onward Network Technologies increases stake in Onward Technologies

Onward Technologies' promoter Onward Network Technologies has purchased 32,000 equity shares of the company through open market purchase for an amount of Rs 22,84,730. The transaction was executed during......

TCS features as leader for Life Sciences R&D Strategic Consulting Services

Tata Consultancy Services (TCS) has been named a leader for the second consecutive time, in the IDC MarketScape for Worldwide Life Science R&D Strategic Consulting Services. The company has extensive......

Vakrangee enters into distribution agreement with Aditya Birla Housing Finance

Vakrangee has entered into a distribution agreement with Aditya Birla Housing Finance, which shall offer distribution of Home Loan and other related products through Nextgen Vakrangee Kendras. This tie-up......