Refined soya oil futures rises on spot cues

PTI New Delhi | Updated on April 04, 2011

In restricted activity, refined soya oil prices rose Rs 6.30 to Rs 616.70 per 10 kg at the futures trading today as speculators enlarged their positions on the back of pick-up in spot demand.

At the Multi Commodity Exchange, soya oil for delivery in April was up by Rs 6.30 or 1.03 per cent to Rs 616.70 per 10 kg with an open interest for a single lot.

Analysts said fresh buying by speculators on hopes of rise in demand helped refined soya oil prices to trade higher.

Published on April 04, 2011

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