Rising demand lifts refined soya oil futures
Refined soya oil for December delivery moved up by 20 paise, or 0.02 per cent, to Rs 1,049.5 per 10 kg in 25,300 lots.
By PTI |
Agencies
Refined soya oil prices on Wednesday rose by 20 paise to Rs 1,049.5 per 10 kg in futures trade as speculators raised their bets.
On the National Commodity and Derivatives Exchange, refined soya oil for December delivery moved up by 20 paise, or 0.02 per cent, to Rs 1,049.5 per 10 kg in 25,300 lots.
Analysts said widening of positions by traders mainly helped refined soya oil prices to trade higher in futures market.
Refined soya oil contracts for January delivery rose by Rs 1.7, or 0.16 per cent, to Rs 1,039.6 per 10 kg in 26,885 lots.
On the National Commodity and Derivatives Exchange, refined soya oil for December delivery moved up by 20 paise, or 0.02 per cent, to Rs 1,049.5 per 10 kg in 25,300 lots.
Analysts said widening of positions by traders mainly helped refined soya oil prices to trade higher in futures market.
Refined soya oil contracts for January delivery rose by Rs 1.7, or 0.16 per cent, to Rs 1,039.6 per 10 kg in 26,885 lots.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
ADVERTISEMENT
