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Refined soya oil futures gain 0.37% as demand picks up

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Press Trust of India New Delhi
Last Updated : Aug 27 2015 | 1:22 PM IST
Amid pickup in domestic demand and tight supplies from producing belts, refined soya oil prices were up 0.37 per cent to Rs 571.50 per 10 kg in futures trade today.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in October gained Rs 2.10, or 0.37 per cent to Rs 571.50 per 10 kg with an open interest of 81,305 lots.
Similarly, the oil for delivery in November moved up by Rs 2, or 0.35 per cent to Rs 566.30 per 10 kg with an open interest of 41,170 lots.
Market analysts said besides pickup in demand at the spot market, restricted supplies from producing belts led to rise in refined soya oil prices in futures trade.

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First Published: Aug 27 2015 | 1:22 PM IST

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