Get App
Last Updated : May 18, 2020 04:01 PM IST | Source: PTI

Rising demand lifts refined soya oil futures

Refined soya oil contracts for June delivery rose by Rs 9.6, or 1.25 per cent, to Rs 780 per 10 kg in 21,545 lots.


Refined soya oil prices on Monday rose by Rs 6.2 to Rs 804 per 10 kg in futures trade as speculators raised their bets.

On the National Commodity and Derivatives Exchange, refined soya oil for May delivery moved up by Rs 6.2, or 0.78 per cent, to Rs 804 per 10 kg in 13,745 lots.

Refined soya oil contracts for June delivery rose by Rs 9.6, or 1.25 per cent, to Rs 780 per 10 kg in 21,545 lots.

Analysts said widening of positions by traders mainly helped refined soya oil prices to trade higher in futures market.

For All Commodities Related News - Click Here

Moneycontrol Ready Reckoner
Now that payment deadlines have been relaxed due to COVID-19, the Moneycontrol Ready Reckoner will help keep your date with insurance premiums, tax-saving investments and EMIs, among others.


Moneycontrol Virtual Summit presents 'The Future of Indian Industry', powered by Salesforce
Register Now! and watch industry stalwarts forecast how India Inc will shape up in post COVID-19 world

Date: May 19

First Published on May 18, 2020 03:56 pm
Sections
Follow us on