Soybean Futures Closed Higher On Tuesday

Soybean futures closed higher on Tuesday on lower level buying as prices for Oct’16 contract have slipped to its lowest level since April. The Oct’16 delivery contract closed 0.87% higher to settle at Rs. 3,589 per quintal. However, expectation of better harvest and good sowing progress sill weighing on prices. The weather across the soybean growing area is also good for better yield.

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