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Rising Demand Lifts Refined Soya Oil Futures

Refined soya oil for May delivery moved up by Rs 4.30, or 0.30 per cent, to Rs 1,429.4 per 10 kg in 30,285 lots.

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Refined soya oil prices on Wednesday rose by Rs 4.30 to Rs 1,429.4 per 10 kg in futures trade as speculators raised their bets.

On the National Commodity and Derivatives Exchange, refined soya oil for May delivery moved up by Rs 4.30, or 0.30 per cent, to Rs 1,429.4 per 10 kg in 30,285 lots.

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

(PTI)


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Soya Oil Futures Soya Oil futures market traders