Business Standard

Refined soya oil futures improves on spot demand

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Press Trust of India New Delhi

Refined soya oil futures prices gained Rs 2.40, or 0.52 per cent, to Rs 467.30 per 10 kg, today on the back of pick up in demand at the spot market.

At the Multi Commodity Exchange counter, refined soya oil for August-month rose by Rs 2.40, or 0.52 per cent, to Rs 467.30 per 10 kg, with an open interest of 299 lots.

Similarly, the oil for delivery in September-month traded higher by Rs 1.60, or 0.34 per cent, to Rs 472.60 per 10 kg, with an open interest of 49 lots.

Market analysts said pick up in demand in the spot market mainly led to a rise in refined soya oil prices at futures market.

 

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First Published: Jul 21 2010 | 1:43 PM IST

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