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MARKET DEVELOPMENT
Soybean futures slip on muted demand
calendar20-05-2021 | linkin.news.yahoo.com | Share This Post:

19.05.2021 (in.news.yahoo.com) - New Delhi, May 19 (PTI) Soybean prices on Wednesday fell by Rs 66 to Rs 7,834 per quintal in futures market as participants cut down their positions on weak spot demand. On the National Commodity and Derivatives Exchange, soybean contracts for May delivery fell Rs 66, or 0.84 per cent, to Rs 7,834 per quintal with an open interest of 2,475 lots.

The fall in soybean prices in futures trade was mostly due to reduction of exposure by participants, marketmen said. Soybean for June delivery went down by Rs 74, or 1 per cent, to Rs 7,325 per quintal with an open interest of 53,695 lots. PTI SRS SHW SHW

https://in.news.yahoo.com/soybean-futures-slip-muted-demand-080330478.html