NEW DELHI, Apr 25: Refined soya oil prices edged higher by 0.61 per cent to Rs 720.40 per 10 kg in futures trading today after speculators created positions supported by pick up in demand in the spot market.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in May traded higher by Rs 4.35, or 0.61 per cent to Rs 720.40 per 10 kg with an open interest of 87,250 lots.
Similarly, the oil for delivery in June edged up by Rs 4.10, or 0.58 per cent to Rs 713.20 per 10 kg in 117610 lots.
Analysts said the rise in refined soya oil prices at futures trade was mostly on pick up in demand in the spot markets. (PTI)
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