Soybean futures gain

New Delhi, Soybean prices on Monday rose Rs 279.0 to Rs 6,989.0 per quintal in futures trade as speculators widened their holdings tracking firm trend at the spot market.

On the National Commodity and Derivatives Exchange, Soybean for Jun delivery went up Rs 279, or 3.99 per cent, to Rs 6,989.0per quintal with an open interest of 29,475lots.

A firm trend in spot market and restricted supplies from producing regions pushed up Soybean prices here, market analysts said.

For delivery in July, the price went up Rs269.0, or 3.99 per cent to Rs 6,742.0 per quintal with an open interest of 29,350 lots