Refined soya oil futures up on spot demand

New Delhi, Mar 13 () Refined soya oil prices on Friday gained 0.94 per cent to Rs 749.6 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 April delivery moved up by Rs 7, or 0.94 per cent, to Rs 749.6 per 10 kg in 18,300 lots.

Similarly, refined soya oil for May delivery edged up by Rs 10.8, or 1.52 per cent, to Rs 723.6 per 10 kg in 36,885 lots.

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