 "Refined soya oil up 0.4% on spot demand")
Amidst rising domestic demand and tight supplies from producing regions, refined soya oil rose by 0.44% to Rs 684.90 per 10 kg in futures trade today as speculators enlarged positions.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in July rose by Rs 3, or 0.44%, to Rs 684.90 per 10 kg with an open interest of 1,63,300 lots.
Likewise, the oil for delivery in June contract ended up by Rs 2.15, or 0.31%, to Rs 702 per 10 kg in 39,980 lots.
Market analysts said pick up in demand in the spot market against tight supplies from producing regions attributed the rise in refined soya oil prices in futures trade.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in July rose by Rs 3, or 0.44%, to Rs 684.90 per 10 kg with an open interest of 1,63,300 lots.
Likewise, the oil for delivery in June contract ended up by Rs 2.15, or 0.31%, to Rs 702 per 10 kg in 39,980 lots.
Market analysts said pick up in demand in the spot market against tight supplies from producing regions attributed the rise in refined soya oil prices in futures trade.
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