Rising demand lifts refined soya oil futures

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New Delhi, Apr 12 (PTI) Refined soya oil prices on Monday rose by Rs 2 to Rs 1,322.9 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 2, or 0.15 per cent, to Rs 1,322.9 per 10 kg in 24,885 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 down by Rs 2.3, or 0.18 per cent, to Rs 1,298 per 10 kg in 33,780 lots. PTI SRS SHW SHW