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Refined soya oil futures up on spot demand

Mar 5, 2020, 13:23 IST

PTI

New Delhi, Mar 5 () Refined soya oil prices on Thursday gained 0.65 per cent to Rs 801.8 per 10 kg in futures trade after speculators widened their holdings in line with positive spot demand.

On the National Commodity and Derivatives Exchange, refined soya oil for March delivery moved up by Rs 5.2, or 0.65 per cent, to Rs 801.8 per 10 kg in 23,670 lots.

Similarly, refined soya oil for April delivery edged up by Rs 6.8, or 0.87 per cent, to Rs 792 per 10 kg in 29,215 lots.

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

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