Refined soya oil futures gain on spot demand

New Delhi, Feb 24 () Refined soya oil prices on Monday rose 0.35 per cent to Rs 811.8 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 Rs 2.8, or 0.35 per cent, to Rs 811.8 per 10 kg in 48,430 lots.

Similarly, refined soya oil contracts for April delivery edged up by Rs 5, or 0.62 per cent, to Rs 811.4 per 10 kg in 14,535 lots.

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