Rising demand lifts refined soya oil futures

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New Delhi, Mar 15 (PTI) Refined soya oil prices on Monday rose by Rs 8 to Rs 1,287 per 10 kg in futures trade as speculators raised their bets.

On the National Commodity and Derivatives Exchange, refined soya oil for March delivery gained Rs 8, or 0.63 per cent, to Rs 1,287 per 10 kg in 7,975 lots.

Refined soya oil contracts for April delivery rose by Rs 9, or 0.71 per cent, to Rs 1,284.5 per 10 kg in 56,345 lots.

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