NCDEX soybean down 2% on profit booking post high

The most active February contract traded at 3,743 rupees per 100 kg, down 1.8% from the previous close, after hitting the 3% lower circuit. A 20,070-tn fall in open interest of February contract to 202,500 tn indicated profit booking. The contract hit the high on reports Madhya Pradesh revised its production view downward.