Extending their previous sessions’ rally, Soyabean futures were trading in the positive terrain on NCDEX, supported by strong demand in spot market against limited arrivals from producing belts. The prices found further support from gains in overseas markets and concerns about local soyabean output.
The contract for May delivery was trading at Rs 4745.00, up by 1.33% or Rs 62.50 from its previous closing of Rs 4682.50. The open interest of the contract stood at 87450.00 lots.
The contract for June delivery was trading at Rs 4750.50, up by 1.45% or Rs 68.00 from its previous closing of Rs 4682.50. The open interest of the contract stood at 98580.00 lots on NCDEX.
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