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Soybean futures trade higher on NCDEX
Jan-11-2017

Soybean futures traded higher on NCDEX due to increasing demand from the bulk buyers and oil millers at the spot market. Though, some gains were capped on higher production estimates by SOPA this season.

The contract for January delivery was trading at Rs 2982.00, up by 0.03% or Rs 1.00 from its previous closing of Rs 2981.00. The open interest of the contract stood at 31500 lots.

The contract for February delivery was trading at Rs 3036.00, up by 0.16% or Rs 5.00 from its previous closing of Rs 3031.00. The open interest of the contract stood at 136230 lots on NCDEX.

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