Soybean prices were marked higher by Rs 14 to Rs 3,118 per quintal in futures trading today following positive trend at overseas markets.

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Market players said reports of a firm trend overseas mainly enthused trading sentiments here.

Besides, tight supplies and pick up in spot demand also gave a push to future prices, they added.

At the National Commodity and Derivative Exchange, soybean for delivery in October month contracts gained Rs 14 or 0.45 per cent to Rs 3,118 per quintal, clocking an open interest of 44,970 lots.

The most-traded delivery in November month also edged up by Rs 8 or 0.26 per cent to Rs 3,141 per quintal, having an open interest of 54,040 lots.

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)