Refined Soya Oil Futures Up on Spot Demand

Refined soya oil prices on Monday rose 0.12 per cent to Rs 865.6 per 10 kg in futures trade as speculators created fresh positions.

New Delhi, Dec 16 (PTI) Refined soya oil prices on Monday rose 0.12 per cent to Rs 865.6 per 10 kg in futures trade as speculators created fresh positions.

On the National Commodity and Derivatives Exchange, refined soya oil contracts for December delivery went up by Re 1, or 0.12 per cent, to Rs 865.6 per 10 kg with an open interest of 9,440 lots.

Analysts said fresh positions built up by traders against restricted arrivals from growing regions mainly led to rise in refined soya oil prices.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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