Soyabean futures gained on NCDEX on the back of limited supplies of the commodity in the mandis across Madhya Pradesh. Further, the estimates of lower US inventory and higher crushing data from the world's biggest bean producer also impacted the sentiments.
The contract for May delivery was trading at Rs 4524.00, up by 0.65% or Rs 29.00 from its previous closing of Rs 4495.00. The open interest of the contract stood at 103350.00 lots.
The contract for June delivery was trading at Rs 4521.00, up by 0.89% or Rs 40.00 from its previous closing of Rs 4481.00. The open interest of the contract stood at 93250.00 lots on NCDEX.
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