Refined soya oil futures rise on spot demand

New Delhi, Feb 4 () Refined soya oil prices on Tuesday rose 0.98 per cent to Rs 845 per 10 kg in futures trade as speculators raised their bets.

On the National Commodity and Derivatives Exchange, refined soya oil for February delivery moved up by Rs 8.2, or 0.98 per cent, to Rs 845 per 10 kg in 38,245 lots.

Similarly, refined soya oil contracts for March delivery edged up by Rs 11.4, or 11.39 per cent, to Rs 832 per 10 kg in 48,015 lots.

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