 "Refined soya oil up 0.3% on good spot demand")
Amid rising domestic demand and limited arrivals from producing regions, refined soya oil prices rose 0.39% to Rs 689.85 per 10 kg in futures market today as speculators enlarged positions.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in June moved up by Rs 2.65, or 0.39% to Rs 689.85 per 10 kg with an open interest of 50,620 lots.
Similarly, the oil for delivery in July edged up by Rs 1.65, or 0.25% to Rs 667.30 per 10 kg in 1,77,080 lots.
Market analysts said besides rising demand in the spot market, restricted arrivals from producing regions attributed rise in refined soya oil prices at futures trade.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in June moved up by Rs 2.65, or 0.39% to Rs 689.85 per 10 kg with an open interest of 50,620 lots.
Similarly, the oil for delivery in July edged up by Rs 1.65, or 0.25% to Rs 667.30 per 10 kg in 1,77,080 lots.
Market analysts said besides rising demand in the spot market, restricted arrivals from producing regions attributed rise in refined soya oil prices at futures trade.
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