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Refined soya oil futures rise by 0.68 pc

Business Finance

Press Trust of India  |  New Delhi 

Refined soya oil prices increased by 0.68 per cent to Rs 758.35 per 10 kg in futures market Monday as speculators created fresh positions.

At the National Commodity and Derivatives Exchange, refined soya oil for delivery in March went up by Rs 5.15, or 0.68 per cent, to Rs 758.35 per 10 kg with an open interest of 25,140 lots.

Similarly, the oil for delivery in February was trading higher by Rs 4.05, or 0.53 per cent, to Rs 768.25 per 10 kg in 37,700 lots.

Analysts said fresh positions built up by traders against restricted arrivals from growing regions, mainly led to the rise in refined soya oil prices at futures trade.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Mon, January 21 2019. 12:20 IST