CBOT soyabean futures rise on bargain buying

Chicago Board of Trade soyabean futures rose on Tuesday, supported by a round of bargain buying after sinking to contract lows early in the session, traders said.

Soyabean futures had fallen for six days in a row.

On a continuous basis, the most-active contract hit its lowest since May 13, 2019, before recovering in Tuesday afternoon trading. Soyameal futures also were firmer but soyaoil continued to sink on pressure from the collapsing crude oil market.