NEW DELHI, Aug 14:Soybean prices strengthened by Rs 14 to Rs 3,345 per quintal in futures trade as traders enhanced holdings, powered by upbeat overseas lead.
Marketmen said, chasing positive overseas stance, traders were building up exposures, which caused the upward move in soybean futures prices.
At the National Commodity and Derivatives Exchange counter, soybean delivery for October surged by Rs 14 or 0.42 per cent to Rs 3,345 per quintal, revealing an open interest of 51,490 lots.
Also, the delivery for November edged up by Rs 11 or 0.33 per cent to Rs 3,335 per quintal, clocking an open interest of 29,600 lots. (PTI)
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