NCDEX soybean down on profit booking post recent rise

Futures contracts of soybean on NCDEX fell nearly 1% as investors booked profits after prices rose in the last four trading sessions following the hike in import duty on the oilseed. The most-active December contract of soybean on NCDEX was down 0.8% from previous close.

Mustard seed up in Jaipur on higher demand for oil

Prices of mustard seed were up in the benchmark market of Jaipur, Rajasthan, as higher demand for mustard oil due to the winter supported seed prices. A fall in arrivals amid improved demand from domestic oil millers and crushers also supported prices.