Refined soya oil futures remain up on spot demand

NEW DELHI, Aug 8:  Refined soya oil prices rose further by 0.45 per cent to Rs 662.80 per 10 kg in futures trading today as speculators enlarged positions amidst rising demand in the spot market.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in September gained Rs 3, or 0.45 per cent to Rs 662.80 per 10 kg with an open interest of 1,13,790 lots.
Similarly, the oil for delivery in August edged up by Rs 2.40, or 0.36 per cent to Rs 670 per 10 kg in 35,935 lots.
Marketmen said speculators enlarging positions, driven by strong demand in the spot markets, mainly kept refined soya oil prices higher for the day at futures trade. (PTI)