Refined soya oil futures gain on rising demand

New Delhi, Feb 25 () Refined soya oil prices on Tuesday rose 0.05 per cent to Rs 803 per 10 kg in futures trade as speculators raised their bets.

On the National Commodity and Derivatives Exchange, refined soya oil for March delivery moved up by 40 paise, or 0.05 per cent, to Rs 803 per 10 kg in 43,605 lots.

Similarly, refined soya oil for April delivery edged up by 60 paise, or 0.07 per cent, to Rs 806.2 per 10 kg in 16,920 lots.

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