Soybean futures up on global cues

NEW DELHI, June 27: Soybean prices were marginally higher by Rs 6 to Rs 2,836 per quintal in futures trade today after participants created fresh positions amid positive global cues.
At the National Commodity and Derivative Exchange, soybean for delivery in July advanced by Rs 6 or 0.21 per cent to Rs 2,836 per quintal, in an open interest of 78,700 lots.
Soybean for delivery in far-month August also improved by Rs 6 or 0.21 per cent to Rs 2,892 per quintal, clocking an open interest of 46,670 lots.
Marketmen said fresh positions created by speculators, tking positive cues from global market, mainly led to the rise in soybean prices in futures trade here. (PTI)