Rising demand lifts refined soya oil futures

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New Delhi, Feb 9 (PTI) Refined soya oil prices on Tuesday rose by Rs 14.7 to Rs 1,130 per 10 kg in futures trade as speculators raised their bets.

On the National Commodity and Derivatives Exchange, refined soya oil for February delivery moved up by Rs 14.7, or 1.32 per cent, to Rs 1,130 per 10 kg in 20,405 lots.

Refined soya oil contracts for March delivery rose by Rs 14.5, or 1.3 per cent, to Rs 1,128 per 10 kg in 32,455 lots.

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