Refined soya oil prices were trading up by 0.17 per cent to Rs 775.70 10 kg in futures trade today as speculators raised bets, tracking a firm trend at the spot market on pick-up in demand.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in May edged higher by Rs 1.30, or 0.17 per cent, to Rs 775.70 per 10 kg with an open interest of 57,400 lots.
Similarly, the oil for delivery in April was trading up by 75 paise, or 0.10 per cent, to Rs 765.50 per 10 kg in 8,400 lots.
Analysts said widening of positions by traders following a rise in demand in the physical market against restricted supplies from producing belts, mainly influenced refined soya oil prices at futures trade.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app