New Delhi, Oct 8 Soyabean futures prices declined by 0.86 per cent today on continued offloading by traders, driven by weak overseas trend.
Market analysts said fall in soyabean prices at futures market was mostly attributed to weak trend in global markets and subdued trend at domestic spot markets.
Besides, weakening of US dollar against various currencies was another factor behind falling prices.
At the NCDEX, soyabean for November contract eased by 0.86 per cent to Rs 1,971 per quintal. The contract has an open interest in 1,09,000 lots.
Current October contract also slipped by 0.78 per cent to Rs 1,984 per quintal, with an open interest in 73,790 lots.
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