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Refined soya oil futures gain on fresh bets

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Press Trust of India New Delhi

Refined soya oil prices on Monday rose 0.40 per cent to Rs 908 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 3.6, or 0.40 per cent, to Rs 908 per 10 kg in 4,005 lots.

Similarly, refined soya oil contracts for February delivery edged up by Rs 13.4, or 1.52 per cent, to Rs 892.4 per 10 kg in 55,140 lots.

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

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First Published: Jan 20 2020 | 2:20 PM IST

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