Soyabean futures display mixed trend on NCDEX

Soyabean futures showed a mixed trend on NCDEX. The near term contracts rose on the expectations of rise in domestic as well as export demand, while July contracts declined due to ample stocks availability in the physical market on account of higher supply from the producing belts. The contract for June delivery was trading at Rs 4426.00, up by 0.11% or Rs 5.00 from its previous closing of Rs 4421.00. The open interest of the contract stood at 92400 lots. The contract for July delivery was trading at Rs 4297.00, down by 0.56% or Rs 24.00 from its previous closing of Rs 4321.00. The open interest of the contract stood at 105180 lots on NCDEX.