New Delhi, Jan 30 (PTI) Amid profit-booking by speculators at current levels and weak global cues, soybean prices slipped Rs 70 per quintal in futures trade today. Also Read - Will Madhya Pradesh Announce Fresh Coronavirus Lockdown? Here’s What State Govt Warns
Market players attributed the downturn in prices to offloading of positions by traders to book profits at existing levels. Also Read - Delhi Govt Warns Clubs, Hotels Against Liquor Bottles Without 2D Bar-Code | What Does it Mean
At the National Commodity and Derivative Exchange soybean for delivery in February contracts declined Rs 70, or 1.84 per cent, to Rs 3,741 per quintal, with an open interest of 2,02,510 lots. Also Read - Free Textbooks Will be Provided to Students From Class 6 to 12, Says Education Minister
Likewise, the delivery of March contract receded by Rs 59, or 1.53 per cent, to Rs 3,790 per quintal, with business turnover of 1,56,370 lots.
This is published unedited from the PTI feed.