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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 | 2:09 AM IST

In range-bound trading, refined oil prices rose by Rs 1.95 to Rs 655.60 per 10 kg in futures trading today as traders enlarged their positions, driven by a firming trend at spot markets.

At the Multi Commodity Exchange, refined soya oil for June delivery rose by Rs 1.95, or 0.30% to Rs 655.60 per 10 kg, with a business turnover of four lots.

Analysts said a firming trend at the spot markets on the back of a rise in demand for the ongoing marriage season, mainly led to rise in refined soya oil futures prices.

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First Published: May 31 2011 | 1:42 PM IST

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