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Soyabean futures display mixed trend on NCDEX

23 May 2014 Evaluate

Soyabean futures showed a mixed trend on NCDEX. The June contracts rose on firm trend in the global markets and rising demand at domestic markets, while July contracts declined on the expectations of higher production from the major producing belts.

The contract for June delivery was trading at Rs 4670.00, up by 0.32% or Rs 15.00 from its previous closing of Rs 4655.00. The open interest of the contract stood at 132380 lots.

The contract for July delivery was trading at Rs 4554.00, down by 0.02% or Rs 1.00 from its previous closing of Rs 4555.00. The open interest of the contract stood at 86120 lots on NCDEX.