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Rising demand lifts refined soya oil futures

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Press Trust of India New Delhi
Last Updated : Jan 09 2020 | 2:55 PM IST

Refined soya oil prices on Thursday rose 1.01 per cent to Rs 939.4 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 9.4, or 1.01 per cent, to Rs 939.4 per 10 kg in 19,980 lots.

Similarly, refined soya oil contracts for February delivery edged up by Rs 8.2, or 0.88 per cent, to Rs 938.2 per 10 kg in 23,885 lots.

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

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First Published: Jan 09 2020 | 2:55 PM IST

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