Rising demand lifts refined soya oil futures

New Delhi, Mar 17 () Refined soya oil prices on Tuesday rose 1.05 per cent to Rs 752.4 per 10 kg in futures trade as speculators raised their bets.

On the National Commodity and Derivatives Exchange, refined soya oil for March delivery moved up by Rs 7.8, or 1.05 per cent, to Rs 752.4 per 10 kg in 17,695 lots.

Similarly, refined soya oil contracts for April delivery edged up by Rs 18.6, or 2.65 per cent, to Rs 721 per 10 kg in 39,605 lots.

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