Soybean futures edge down on weak demand

05-Dec-2019 15:59 Hrs IST

Soybean futures edged down on NCDEX as speculators trimmed their positions following weak demand at the domestic spot market. Soybean prices declined further  amid rising global uncertainties over trade deal.The contract for December delivery was trading at Rs 4090.00, down by 0.39% or Rs 16.00 from its previous closing of Rs 4106.00. The open interest of the contract stood at 50940 lots.The contract for January delivery was trading at Rs 4120.00, down by 0.39% or Rs 16.00 from its previous closing of Rs 4136.00. The open interest of the contract stood at 153135 lots on NCDEX.

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