Rising demand lifts refined soya oil futures

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New Delhi, Dec 28 (PTI) Refined soya oil prices on Monday rose by Rs 9.9 to Rs 1,158 per 10 kg in futures trade as speculators raised their bets.

On the National Commodity and Derivatives Exchange, refined soya oil for January delivery moved up by Rs 9.9, or 0.86 per cent, to Rs 1,158 per 10 kg in 44,930 lots.

Refined soya oil contracts for February delivery gained Rs 7.4, or 0.64 per cent, to Rs 1,154.7 per 10 kg in 26,065 lots.

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