Rising Demand Lifts Refined Soya Oil Futures

New Delhi,Refined soya oil prices on Monday rose Rs 31.30 to Rs 1,392 per 10 kg in the futures trade as speculators raised their bets.

On the National Commodity and Derivatives Exchange, refined soya oil for the May delivery moved up by Rs 31.30, or 2.30 per cent, to Rs 1,392 per 10 kg in 31,325 lots.

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

(PTI)