Refined soya oil futures edge higher 0.15% on spot demand
Refined soya oil prices were up by 0.15 per cent to Rs 664.90 per 10 kg in futures trading today as speculators created fresh positions after uptick in demand in the spot market.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in November edged up by Re 1, or 0.15 per cent to Rs 664.90 per 10 kg with an open interest of 59,240 lots.
Likewise, the oil for delivery in October traded higher by 55 paise, or 0.08 per cent to Rs 655.50 per 10 kg in 12,040 lots.
Analysts said fresh positions built up by traders due to pick-up in demand in the physical market against limited supplies from growing regions mainly influenced refined soya oil prices at futures trade.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.