Rising demand lifts refined soya oil futures

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New Delhi, Oct 27 (PTI) Refined soya oil prices on Tuesday rose by Rs 1.3 to Rs 983 per 10 kg in futures trade as speculators raised their bets.

On the National Commodity and Derivatives Exchange, refined soya oil for November delivery moved up by Rs 1.3, or 0.13 per cent, to Rs 983 per 10 kg in 35,335 lots.

Refined soya oil contracts for December delivery traded higher by Rs 1.7, or 0.17 per cent, to Rs 978.4 per 10 kg in 21,865 lots.

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