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Refined soya oil up 0.7% as demand rises

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Press Trust of India New Delhi

In restricted buying activity, refined soya oil prices gained Rs 4.40 to Rs 636.05 per 10 kg in futures trade today on increased buying by traders following a rise in demand in the spot market.

At the Multi Commodity Exchange, refined soya oil for delivery in July gained Rs 4.40, or 0.7%, to Rs 636.05 per 10 kg, with a trade volume of a single lot.

Market analysts said increased buying by traders due to rise in spot market demand mainly helped refined soya oil prices to trade higher at futures trade.

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First Published: Jun 29 2011 | 1:43 PM IST

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