Soybean futures slip on muted demand

New Delhi,  Soybean prices on Thursday fell by Rs 68 to Rs 5,366 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 April delivery went down by Rs 68, or 1.25 per cent, to Rs 5,366 per quintal with an open interest of 1,40,800 lots.

The fall in soybean prices in futures trade was mostly due to reduction of exposure by participants, marketmen said. PTI