On the National Commodity and Derivatives Exchange, soybean for March delivery rose by Rs 2, or 0.05 per cent, to Rs 3,862 per quintal with an open interest of 1,27,310 lots.
Soybean for April delivery gained Rs 6, or 0.16 per cent, to Rs 3,844 per quintal with an open interest of 1,07,395 lots.
Market players said raising of fresh positions by speculators on the back of higher demand mainly led to rise in soybean prices. VHP SHWSHW