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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 | 10:58 PM IST

Refined soya oil prices rose by Rs 4.25 to Rs 646.50 per 10 kg in futures trade today due to pick-up in demand in the spot market.  

At the Multi Commodity Exchange, refined soya oil for July delivery rose by Rs 4.25, or 0.66%, to Rs 648.50 per 10 kg, with a business turnover of two lots.  

Similarly, the oil for August delivery edged up by Rs 3, or 0.47%, to Rs 647.90 per 10 kg, with an open interest of 11 lots.

Market analysts said pick-up in demand against less arrivals in the physical market mainly led to rise in refined soya oil prices at futures trade.

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First Published: Jul 13 2011 | 4:13 PM IST

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