Rising demand lifts refined soya oil futures

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New Delhi, Apr 16 (PTI) Refined soya oil prices on Friday rose by Rs 13.4 to Rs 1,401.6 per 10 kg in futures trade as speculators raised their bets.

On the National Commodity and Derivatives Exchange, refined soya oil for April delivery moved up by Rs 13.4, or 0.97 per cent, to Rs 1,401.6 per 10 kg in 8,480 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 May delivery went up by Rs 11.2, or 0.83 per cent, to Rs 1,367.5 per 10 kg in 34,610 lots. PTI SRS SHW SHW