Rising demand lifts refined soya oil futures

New Delhi, Jun 2 (PTI) Refined soya oil prices on Tuesday rose by Rs 11.8 to Rs 807 per 10 kg in futures trade as speculators raised their bets.

On the National Commodity and Derivatives Exchange, refined soya oil for June delivery moved up by Rs 11.8, or 1.48 per cent, to Rs 807 per 10 kg in 27,035 lots.

Refined soya oil contracts for July delivery rose by Rs 14.6, or 1.86 per cent, to Rs 801 per 10 kg in 19,635 lots.

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