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Rising demand lifts refined soya oil futures

Jul 15, 2020, 13:26 IST

PTI

New Delhi, Jul 15 () Refined soya oil prices on Wednesday rose by Rs 1.2 to Rs 833 per 10 kg in futures trade as speculators raised their bets.

On the National Commodity and Derivatives Exchange, refined soya oil for July delivery moved up by Rs 1.2, or 0.14 per cent, to Rs 833 per 10 kg in 11,820 lots.

Refined soya oil contracts for August delivery rose by Rs 1.9, or 0.23 per cent, to Rs 835.8 per 10 kg in 24,380 lots.

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

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