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Refined soya oil futures gain on spot demand

Feb 20, 2020, 14:15 IST

PTI

New Delhi, Feb 20 () Refined soya oil prices on Thursday rose 0.15 per cent to Rs 823 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 Rs 1.2, or 0.15 per cent, to Rs 823 per 10 kg in 6,785 lots.

Similarly, refined soya oil contracts for March delivery edged up by Rs 6.8, or 0.85 per cent, to Rs 808.8 per 10 kg in 48,755 lots.

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

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