NCDEX soybean up 1% on cues from spot markets.

Futures contracts of soybean rise nearly 1% on the NCDEX tracking gains in spot markets. Prices rise in Indore as supplies are lower due to lean season of the oilseed. Arrivals 12 quintals vs 15 quintals. Fall in soybean stocks in NCDEX-accredited warehouses also lifted prices. Stocks 0.12 million tonne vs 0.128 million tonne a week ago. Prices are seen falling due to arrivals of fresh kharif crop.