Refined soya up more than 1% on spot demand
Prices traded up as speculators created fresh positions
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Refined soya oil futures for April rose by Rs 7.85, or 1.10% to Rs 720.50 per 10 kg in 46,460 lots.
At the National Commodity and Derivatives Exchange (NCDEX), the May contract traded higher by Rs 7.40, or 1.06% to Rs 704.70 per 10 kg in 93,560 lots.
Prices traded up as speculators created fresh positions driven by rise in spot market demands.
Fresh positions created by speculators against restricted arrivals from producing belts mainly influenced refined soya oil futures trade.
At the National Commodity and Derivatives Exchange (NCDEX), the May contract traded higher by Rs 7.40, or 1.06% to Rs 704.70 per 10 kg in 93,560 lots.
Prices traded up as speculators created fresh positions driven by rise in spot market demands.
Fresh positions created by speculators against restricted arrivals from producing belts mainly influenced refined soya oil futures trade.
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First Published: Apr 08 2013 | 2:54 PM IST