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Refined soya oil futures rise on spot demand

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Press Trust of India New Delhi

Refined soya oil prices gained Rs 3.50 to Rs 467 per 10 kg in futures trading today on pick up in the spot market demand.

At the Multi Commodity Exchange, refined soya oil for August month gained Rs 3.50 or 0.76 per cent to Rs 467 per 10 kg with an open interest of 316 lots.

The oil for delivery in september month also traded higher by Rs 0.73 per cent to Rs 472 per 10 kg in 45 lots.

Market analysts said pick up in demand in the spot market mainly pushed up refined soya oil prices at futures trade.

 

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First Published: Jul 19 2010 | 1:24 PM IST

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