 "Refined soya oil up 0.3% on spot demand")
Refined soya oil prices gained 0.34% to Rs 685.55 per 10 kg in futures trading today after speculators created fresh positions, supported by a rise in demand in the spot market.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in delivery in February rose by Rs 2.35, or 0.34% to Rs 685.55 per 10 kg with an open interest of 1,07,020 lots.
Likewise, the oil for delivery in January traded higher by Rs 1.75, or 0.25% to Rs 694.70 per 10 kg in 57,130 lots.
Analysts said speculators created fresh positions supported by a rise in demand in the spot markets helped refined soya oil prices to trade higher at futures trade.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in delivery in February rose by Rs 2.35, or 0.34% to Rs 685.55 per 10 kg with an open interest of 1,07,020 lots.
Likewise, the oil for delivery in January traded higher by Rs 1.75, or 0.25% to Rs 694.70 per 10 kg in 57,130 lots.
Analysts said speculators created fresh positions supported by a rise in demand in the spot markets helped refined soya oil prices to trade higher at futures trade.