Soya oil futures up on firm spot cues

PTI Updated - June 21, 2011 at 02:16 PM.

Refined soya oil prices edged higher by 0.09 per cent to Rs 636 per 10 kg at the futures trade today due to firming trend at the spot market on better demand.

At the Multi Commodity Exchange, refined soya oil for delivery in July traded higher by 55 paise or 0.09 per cent to Rs 636 per 10 kg with a business volume of 12 lots.

Analysts said a firming trend at the spot market following rise in demand mainly helped refined soya oil prices to trade marginally higher at the futures trade.

Published on June 21, 2011 08:46