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Refined soya oil futures gain 3.42 pc on robust demand

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Press Trust of India New Delhi
Refined soya oil prices on Monday rose 3.42 per cent to Rs 833.6 per 10 kg in futures trade as speculators raised their bets in line with firm spot demand.
On the National Commodity and Derivatives Exchange, refined soya oil for April delivery moved up by Rs 27.6, or 3.42 per cent, to Rs 833.6 per 10 kg in 39,305 lots.
Similarly, refined soya oil contracts for May delivery edged up by Rs 25.4, or 3.2 per cent, to Rs 819 per 10 kg in 14,800 lots.
Analysts said widening of positions by traders mainly helped refined soya oil prices to trade higher in futures market.

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First Published: Mar 30 2020 | 2:44 PM IST

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