Rising demand lifts refined soya oil futures

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New Delhi, Feb 18 (PTI) Refined soya oil prices on Thursday rose by Rs 3.6 to Rs 1,155.5 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 3.6, or 0.31 per cent, to Rs 1,155.5 per 10 kg in 4,965 lots.

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

Refined soya oil contracts for March delivery declined by Rs 0.6, or 0.05 per cent, to Rs 1,143 per 10 kg in 43,510 lots. PTI SRS SHW SHW