 "Refined soya oil up 1% on strong demand")
Supported by strong demand in spot markets, refined soya oil prices rose 1.02% to Rs 572 per 10 kg in futures trading today as speculators enlarged positions.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in October went up by Rs 5.75, or 1.02%, to Rs 572 per 10 kg with an open interest of 1,04,020 lots.
Similarly, the oil for delivery in September edged higher by Rs 3.20, or 0.52%, to Rs 613.80 per 10 kg in 29,830 lots.
Marketmen attributed the rise in refined soya oil prices at futures trade to firm demand in the spot markets amidst speculators enlarging positions.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in October went up by Rs 5.75, or 1.02%, to Rs 572 per 10 kg with an open interest of 1,04,020 lots.
Similarly, the oil for delivery in September edged higher by Rs 3.20, or 0.52%, to Rs 613.80 per 10 kg in 29,830 lots.
Marketmen attributed the rise in refined soya oil prices at futures trade to firm demand in the spot markets amidst speculators enlarging positions.