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Refined Soya oil futures climb on fresh bets

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Press Trust of India New Delhi
Refined soya oil prices on Wednesday rose 1.06 per cent to Rs 862 per 10 kg in futures trade as speculators raised their bets.
On the National Commodity and Derivatives Exchange, refined soya oil for February delivery moved up by Rs 9, or 1.06 per cent, to Rs 862 per 10 kg in 44,540 lots.
Similarly, refined soya oil contracts for March delivery edged up by Rs 5.4, or 0.64 per cent, to Rs 848.6 per 10 kg in 41,795 lots.
Analysts said widening of positions by traders mainly helped refined soya oil prices to trade higher in futures market here.

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First Published: Jan 29 2020 | 1:50 PM IST

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