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Soybean futures rise on buying of fresh positions – soybean futures rise on buying of fresh positions

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Soybean futures rise on buying of fresh positions – soybean futures rise on buying of fresh positions

New Delhi, Nov 17 (PTI) Soybean prices on Wednesday rose by Rs 196 to Rs 6,149 per quintal in futures trade as traders created fresh positions tracking a firm trend at the spot market.

On the NCDEX, soybean for delivery in November traded higher by Rs 196, or 3.29 per cent, at Rs 6,149 per quintal in a business turnover of 2,890 lots.

Traders said fresh positions created by speculators on firm demand at the spot market, mainly led to the rise in soybean futures prices here.

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