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Soybean futures trade higher on rising in demand
May-16-2019

Soybean futures traded higher on NCDEX as speculators enlarged their positions amid upsurge in domestic demand. Further, tight arrivals from the producing belts too influenced soybean prices.

The contract for June delivery was trading at Rs 3806.00, up by 0.34% or Rs 13.00 from its previous closing of Rs 3793.00. The open interest of the contract stood at 142550 lots.

The contract for July delivery was trading at Rs 3838.00, up by 0.34% or Rs 13.00 from its previous closing of Rs 3825.00. The open interest of the contract stood at 24400 lots on NCDEX.

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