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Rising Demand Lifts Refined Soya Oil Futures

Refined soya oil for August delivery moved up by Rs 19.5, or 1.4 per cent, to Rs 1,409 per 10 kg in 30,705 lots.

Photo Credit : PTI

1505130221_pidsnP_Soyabean-PTI-L.jpg

Refined soya oil prices on Thursday rose by Rs 19.5 to Rs 1,409 per 10 kg in futures trade as speculators raised their bets.

On the National Commodity and Derivatives Exchange, refined soya oil for August delivery moved up by Rs 19.5, or 1.4 per cent, to Rs 1,409 per 10 kg in 30,705 lots.

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

(PTI)


Tags assigned to this article:
edible oil Soya Oil oil prices