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Refined soya oil futures gain on spot demand

Feb 7, 2020, 13:59 IST

PTI

New Delhi, Feb 7 () Refined soya oil prices on Friday rose 0.07 per cent to Rs 849.6 per 10 kg in futures trade as speculators raised their bets.

On the National Commodity and Derivatives Exchange, refined soya oil for February delivery moved up by 60 paise, or 0.07 per cent, to Rs 849.6 per 10 kg in 26,435 lots.

Similarly, refined soya oil contracts for March delivery edged up by Rs 5.2, or 0.62 per cent, to Rs 840 per 10 kg in 54,920 lots

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

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