Refined soya oil prices rose further by 0.15 per cent to Rs 688.90 per 10 kg in futures market today as speculators indulged in enlarging positions, tracking a firm trend at spot market on rising demand.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in June traded higher by Re 1, or 0.15 per cent to Rs 688.90 per 10 kg with an open interest of 1,42,520 lots.
The July contract edged up by 95 paise, or 0.14 per cent to Rs 672 per 10 kg in 1,29,140 lots.
Analysts said speculators enlarged positions, driven by rising demand in the spot market driven by the ongoing wedding season, mainly kept refined soya oil prices higher at futures trade.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in June traded higher by Re 1, or 0.15 per cent to Rs 688.90 per 10 kg with an open interest of 1,42,520 lots.
The July contract edged up by 95 paise, or 0.14 per cent to Rs 672 per 10 kg in 1,29,140 lots.
Analysts said speculators enlarged positions, driven by rising demand in the spot market driven by the ongoing wedding season, mainly kept refined soya oil prices higher at futures trade.
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