NCDEX soybean extends losses on spot market cues.

Futures contracts of soybean on NCDEX extended losses for the third consecutive day, due to a rise in arrivals in major spot markets. The most-active November contract of soybean on NCDEX was down 0.6% from the previous close. The December contract of soybean also traded 0.6% lower. Favourable weather conditions for soybean harvesting in Madhya Pradesh and Maharashtra also contributed to the fall in prices.