On the National Commodity and Derivatives Exchange, soybean to be delivered in February contracts moved down by Rs 42, or 1 per cent, to Rs 4,176 per quintal with an open interest of 1,73,545 lots.
Soybean for delivery in March contracts also eased by Rs 43, or 1.01 per cent, to Rs 4,181 per quintal with an open interest of 1,13,060 lots.
The fall in soybean prices in futures trade was mostly due to reduction of exposure by participants, marketmen said. VHP SHW SHW