Refined soya oil futures gain on spot demand

New Delhi, Mar 25 () Refined soya oil prices on Wednesday rose 2.73 per cent to Rs 804.4 per 10 kg in futures trade as speculators raised their bets.

On the National Commodity and Derivatives Exchange, refined soya oil for April delivery moved up by Rs 21.4, or 2.73 per cent, to Rs 804.4 per 10 kg in 42,915 lots.

Similarly, refined soya oil contracts for May delivery edged up by Rs 25.6, or 3.32 per cent, to Rs 797.4 per 10 kg in 13,215 lots.

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

(This story has not been edited by Business Insider and is auto-generated from a syndicated feed we subscribe to.)

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