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Refined soya oil futures rise on positive cues

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Press Trust of India New Delhi
Last Updated : Dec 30 2019 | 2:05 PM IST

Refined soya oil prices on Monday rose 0.98 per cent to Rs 948.2 per 10 kg in futures trade as speculators raised their bets.

On the National Commodity and Derivatives Exchange, refined soya oil for January delivery moved up by Rs 9.2, or 0.98 per cent, to Rs 948.2 per 10 kg in 40,765 lots.

Similarly, refined soya oil contracts for February delivery edged up by Rs 8.8, or 0.94 per cent, to Rs 945 per 10 kg in 49,855 lots.

Analysts said widening of positions by traders helped refined soya oil prices trade higher in futures market here.

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First Published: Dec 30 2019 | 2:05 PM IST

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