Refined soya futures rise on spot demand

Refined soya oil prices rose by Rs 8.35 to Rs 795.85 per 10 kg in futures trading today on pick up in demand in the spot market.

NEW DELHI: Refined soya oil prices rose by Rs 8.35 to Rs 795.85 per 10 kg in futures trading today on pick up in demand in the spot market.

At the National Commodity and Derivatives Exchange, refined soya oil for delivery in September rose by Rs 8.35, or 1.06 per cent, to Rs 795.85 per 10 kg, with an open interest of 26,730 lots.

Similarly, the oil for delivery in October moved up by Rs 2.40, or 0.31 per cent, to Rs 775.50 per 10 kg, with an open interest of 11,6170 lots.

Marketmen attributed the rise in refined soya oil futures to pick up in demand in the spot market.
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