Soybean future up on global cue

NEW DELHI, Mar 19: Soyabean prices rose by Rs 91 to Rs 4,285 per quintal in futures trading today in tandem with firm global cues.
Marketmen said traders preferred to enlarge their holdings in line with higher global markets sentiment.
Rise in other edible oils’ prices also helped boost the trading sentiments, they added.
At the National Commodity and Derivatives Exchange, soybean prices for July contract gained by Rs 91, or 2.17 per cent to Rs 4,285 per quintal, with an open interest of 6,270 lots.
Most active near April contract hardened by Rs 76.50, or 1.79 per cent to Rs 4,342.50 per quintal, having an open interest of 1,06,880 lots.
Current March contract also rose by Rs 51, or 1.19 per cent, to Rs 4,324.50 per quintal, in an open interest of 8,620 lots. (AGENCIES)