Soybean futures up on spot demand

New Delhi, Nov 28 (PTI) Soybean prices on Thursday traded higher by Rs 6 to Rs 4,035 per quintal in futures trade on the back of fresh positions built up by speculators.

On the National Commodity and Derivatives Exchange, soybean contracts for December delivery gained Rs 6, or 0.15 per cent, to Rs 4,035 per quintal in an open interest of 75,490 lots.

The delivery for January edged up by similar margins to Rs 4,059 per quintal with an open interest of 1,27,630 lots.

Marketmen said participants raised their holdings which mainly pushed soybean futures to trade higher. PTI SHW RUJ RUJ