NEW DELHI, Oct 28: Soyabean prices firmed up by Rs 94 to Rs 3,188 per quintal in future trade today following fanatic buying by traders in tandem with firm overseas markets cue.
Marketmen said tracking higher global markets sentiment where prices remained in keen demand due to low ready stocks position, sparked by surge in export demand, mainly encouraged traders to enlarge their positions.
Rise in other edible oils prices also helped to boost the trading sentiments, they added.
At the National Commodity and Derivatives Exchange, soybean prices for delivery in November spurted by Rs.94, or 3.04 per cent to Rs 3,199 per quintal, with an open interest of 90,320 lots.
Likewise, the commodity for delivery in December also edged up by Rs 91, or 2.89 per cent to Rs 3,236 per quintal, having an open interest of 68,710 lots. (PTI)
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