Refined soya oil futures climb on fresh bets

New Delhi, Mar 24 () Refined soya oil prices on Tuesday rose 1.05 per cent to Rs 789 per 10 kg in futures trade as speculators raised their bets on firm demand at the spot market.

On the National Commodity and Derivatives Exchange, refined soya oil for April delivery moved up by Rs 8.2, or 1.05 per cent, to Rs 789 per 10 kg in 41,515 lots.

Similarly, refined soya oil contracts for May delivery edged up by Rs 5.2, or 0.68 per cent, to Rs 773.2 per 10 kg in 10,695 lots.

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