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Refined soya oil futures up on spot demand

Feb 5, 2020, 14:13 IST

PTI

New Delhi, Feb 5 () Refined soya oil prices on Wednesday rose 0.90 per cent to Rs 856.6 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 Rs 7.6, or 0.90 per cent, to Rs 856.6 per 10 kg in 34,180 lots.

Similarly, refined soya oil contracts for March delivery edged up by Rs 11.8, or 1.41 per cent, to Rs 848 per 10 kg in 49,655 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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