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Rising Demand Lifts Refined Soya Oil Futures

Refined soya oil for July delivery moved up by Rs 17.2, or 1.35 per cent, to Rs 1,289.9 per 10 kg in 16,835 lots.

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Refined soya oil prices on Wednesday rose by Rs 17.2 to Rs 1,289.9 per 10 kg in futures trade as speculators raised their bets.

On the National Commodity and Derivatives Exchange, refined soya oil for July delivery moved up by Rs 17.2, or 1.35 per cent, to Rs 1,289.9 per 10 kg in 16,835 lots.

Analysts said widening of positions by traders mainly helped refined soya oil prices to trade higher in futures market.

(PTI)


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Soya Oil oil prices edible oil futures trade