Rising demand lifts refined soya oil futures

New Delhi: Refined soya oil prices on Tuesday rose by Rs 1.8 to Rs 927 per 10 kg in futures trade as speculators raised their bets. On the National Commodity and Derivatives Exchange, refined soya oil for October delivery moved up by Rs 1.8, or 0.19 per cent, to Rs 927 per 10 kg in 14,180 lots.

Refined soya oil contracts for November delivery traded higher by 40 paise, or 0.04 per cent, to Rs 929 per 10 kg in 35,475 lots.

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