Rising demand lifts refined soya oil futures

New Delhi: Refined soya oil prices on Tuesday rose by Rs 3.6 to Rs 946 per 10 kg in futures trade as speculators raised their bets.On the National Commodity and Derivatives Exchange, refined soya oil for October delivery gained by Rs 3.6, or 0.39 per cent, to Rs 946 per 10 kg in 7,535 lots.

Refined soya oil contracts for November delivery traded higher by Rs 5.7, or 0.61 per cent, to Rs 945 per 10 kg in 40,115 lots.

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