Refined soya oil futures up on spot demand

New Delhi, Mar 23 () Refined soya oil prices on Monday rose 2.22 per cent to Rs 784.4 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 17, or 2.22 per cent, to Rs 784.4 per 10 kg in 41,820 lots.

Similarly, refined soya oil contracts for May delivery edged up by Rs 16.8, or 2.24 per cent, to Rs 765.8 per 10 kg in 9,465 lots.

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