On the National Commodity and Derivatives Exchange, soybean contracts for May delivery ease by Rs 10, or 0.26 per cent, to Rs 3,766 per quintal with an open interest of 71,985 lots.
Soybean for June delivery went down by Rs 8, or 0.21 per cent, to Rs 3,726 per quintal with an open interest of 54,090 lots.
Refined soya oil prices on Monday fell Rs 4.6 to Rs 781.6 per 10 kg in futures trade as speculators reduced holdings amid subdued demand in spot market.
On the National Commodity and Derivatives Exchange, refined soya oil for delivery in May declined by Rs 4.6, or 0.59 per cent, to Rs 781.6 per 10 kg in 23,140 lots.
Here is main text Guar seed prices on Monday edged lower by Rs 24 to Rs 3,364 per 10 quintal in futures trade as participants reduced their holdings in line with a weak spot market.
Marketmen attributed the downward trend in guar seed prices to increasing supplies from growing regions.
Marketmen said slackness in demand in the spot market and increased supplies from growing regions put pressure on guar gum prices.
– John Michale