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Refined soya oil prices up by 0.78% to Rs 682.40 per 10 kg in futures trade today as speculators enlarged positions, driven by rising demand in the spot market due to ongoing wedding season.
At the National Commodity and Derivatives Exchange, refined soya for delivery in March rose by Rs 5.25, or 0.78% to Rs 682.40 per 10 kg with an open interest of 1,06,990 lots.
Similarly, the oil for delivery in February gained Rs 3.90, or 0.57% to Rs 688.20 per 10 kg in 17,510 lots.
Analysts said speculators enlarged their positions, driven by rising demand in the spot market triggered by ongoing wedding season mainly led to rise in refined soya oil prices at futures trade.
