Rising demand lifts refined soya oil futures
Refined soya oil contracts for January delivery gained Rs 2.3, or 0.22 percent, to Rs 1,044 per 10 kg in 18,975 lots.
By PTI |
Agencies
Refined soya oil prices on Friday rose by Rs 3.5 to Rs 1,044.3 per 10 kg in futures trade as speculators raised their bets tracking firm trend in spot market.
On the National Commodity and Derivatives Exchange, refined soya oil for December delivery moved up by Rs 3.5, or 0.34 per cent, to Rs 1,044.3 per 10 kg in 40,360 lots.
Refined soya oil contracts for January delivery gained Rs 2.3, or 0.22 per cent, to Rs 1,044 per 10 kg in 18,975 lots.
Analysts said widening of positions by traders mainly helped refined soya oil prices to trade higher in futures market.
On the National Commodity and Derivatives Exchange, refined soya oil for December delivery moved up by Rs 3.5, or 0.34 per cent, to Rs 1,044.3 per 10 kg in 40,360 lots.
Refined soya oil contracts for January delivery gained Rs 2.3, or 0.22 per cent, to Rs 1,044 per 10 kg in 18,975 lots.
Analysts said widening of positions by traders mainly helped refined soya oil prices to trade higher in futures market.
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