mandi bhav of india

- Advertisement -

Rising demand lifts refined soya oil

New Delhi,  Refined soya oil prices on Tuesday rose by Rs 20 to Rs 1,330 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 2.3, or 0.18 per cent, to Rs 1,320 per 10 kg in 34,930 lots.

Refined soya oil contracts for May delivery rose by Rs 2.4, or 0.18 per cent, to Rs 1,320.9 per 10 kg in 24,800 lots.

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