Rising demand lifts refined soya oil futures

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New Delhi, Dec 16 (PTI) Refined soya oil prices on Wednesday rose by Rs 12.8 to Rs 1,092 per 10 kg in futures trade as speculators raised their bets.

On the National Commodity and Derivatives Exchange, refined soya oil for December delivery moved up by Rs 12.8, or 1.19 per cent, to Rs 1,092 per 10 kg in 10,510 lots.

Refined soya oil contracts for January delivery rose by Rs 13.9, or 1.29 per cent, to Rs 1,089.7 per 10 kg in 39,800 lots.

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