Soybean prices on Monday fell by Rs 43 to Rs 4,566 per quintal in futures market as participants cut down their positions on weak spot demand.
On the National Commodity and Derivatives Exchange, soybean contracts for January delivery fell Rs 43, or 0.93 per cent, to Rs 4,566 per quintal with an open interest of 58,710 lots.
Soybean for February delivery went down by Rs 48, or 1.04 per cent, to Rs 4,578 per quintal with an open interest of 1,85,535 lots.
The fall in soybean prices in futures trade was mostly due to reduction of exposure by participants, marketmen said.
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