Refined soya oil futures up marginally on spot demand

New Delhi, Jan 31 () Refined soya oil prices on Friday rose 0.07 per cent to Rs 853 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 60 paise, or 0.07 per cent, to Rs 853 per 10 kg in 39,740 lots.

Similarly, refined soya oil contracts for March delivery edged up by Rs 2.40, or 0.29 per cent, to Rs 835 per 10 kg in 45,445 lots.

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