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Refined soya oil futures rise as demand picks up

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 8:45 PM IST

In restricted activity, refined soya oil prices gained Rs 6.30 to Rs 616.70 a 10 kg in futures trading today as speculators enlarged their positions on pick-up in spot demand.

At the Multi Commodity Exchange, soya oil for delivery in April rose by Rs 6.30, or 1.03%, to Rs 616.70 per 10 kg, with an open interest for a single lot.

Analysts said fresh buying by speculators on hopes of rise in demand helped refined soya oil prices to trade higher.

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First Published: Apr 04 2011 | 3:19 PM IST

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