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Refined soya oil futures up on spot demand

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 2:02 AM IST

Refined soya oil prices rose by Rs 3.15 to Rs 622.15 per 10 kg in futures market today on pick-up in spot market demand in line with a firming overseas trend.

At the Multi Commodity Exchange, refined soya oil for delivery in May rose by Rs 3.15, or 0.50% to Rs 622.15 per 10 kg, with a trading volume of four lots.  

Similarly, the oil for delivery in June gained Rs 2.55, or 0.41% to Rs 629.80 per 10 kg, with an open interest of two lots.

Traders said pick-up in spot market demand helped refined soya oil futures prices to rise.

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First Published: Apr 28 2011 | 2:02 PM IST

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