Refined soya oil up by 0.6%

Refined soya for delivery in July contract traded higher by 0.48%

Press Trust of India New Delhi
Last Updated : Jun 18 2013 | 1:45 PM IST
Refined soya oil prices rose by Rs 4.45 to Rs 718.80 per 10 kg in futures trade today as speculators enlarged their positions, tracking a firm trend at spot market.

At the National Commodity and Derivatives Exchange, refined soya oil for delivery in June rose by Rs 4.45, or 0.62%, to Rs 718.80 per 10 kg with an open interest of 28,290 lots.

Similarly, refined soya for delivery in July contract traded higher by Rs 3.35, or 0.48% to Rs 703.65 per 10 kg in 76970 lots.

Analysts said speculators enlarged their positions, tracking a firm trend at spot market on good demand amid tight supplies from producing region mainly helped refined soya oil prices to trade higher.

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First Published: Jun 18 2013 | 1:39 PM IST

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