 "Refined soya oil up 0.2% on spot demand")
Refined soya oil prices edged higher by 0.24% to Rs 671.60 per 10 kg in futures trading today as speculators created fresh positions amid rising demand in spot markets.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in August rose by Rs 1.60, or 0.24%, to Rs 671.60 per 10 kg with an open interest of 36,210 lots.
Similarly, the oil for delivery in September edged up by Rs 1.40, or 0.21%, to Rs 662.60 per 10 kg in 1,11,295 lots.
Marketmen said fresh positions built-up by speculators on the back of pick-up in demand in the spot markets mainly led to the rise in refined soya oil prices at futures trade.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in August rose by Rs 1.60, or 0.24%, to Rs 671.60 per 10 kg with an open interest of 36,210 lots.
Similarly, the oil for delivery in September edged up by Rs 1.40, or 0.21%, to Rs 662.60 per 10 kg in 1,11,295 lots.
Marketmen said fresh positions built-up by speculators on the back of pick-up in demand in the spot markets mainly led to the rise in refined soya oil prices at futures trade.
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 →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
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
SAVE 25%