Refined soya oil trade higher in futures trade

Written by Agencies | New Delhi | Updated: Jun 28 2011, 21:18pm hrs
In range-bound trading, refined soya oil prices traded higher by Rs 3.50 to Rs 633 per 10 kg in futures trade on Tuesday on firming trend at spot market.

At the Multi Commodity Exchange, refined soya oil for delivery in July traded higher by Rs 3.50, or 0.56 per cent, to Rs 633 per 10 kg, with a business turnover of three lots.

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