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Rising Demand Lifts Refined Soya Oil Futures

Refined soya oil for September delivery moved up by 3 paise, or 0.02 per cent, to Rs 1,355 per 10 kg in 9,070 lots.

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Refined soya oil prices on Monday rose by 3 paise to Rs 1,355 per 10 kg in futures trade as speculators raised their bets.

On the National Commodity and Derivatives Exchange, refined soya oil for September delivery moved up by 3 paise, or 0.02 per cent, to Rs 1,355 per 10 kg in 9,070 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 Futures futures trade