• Home
  • /
  • Refined soybean oil costs: Increased demand raises refined soybean oil futures
Refined soybean oil costs: Increased demand raises refined soybean oil futures

Refined soybean oil costs: Increased demand raises refined soybean oil futures

Refined soybean oil costs rose Rs 21.5 on Monday to Rs 1,220.9 per 10kg in fates exchanging as examiners expanded their rates.

On the National Commodity and Derivatives Exchange, the cost of refined soybean oil for January conveyance rose by 21.5 rupees, or 1.83 per cent, to 1220.9 rupees per 10 kg in 45,825 parts.

The February contracts for refined soybean oil rose Rs 27.6, or 2.33 per cent, to Rs 1,213 for every 10 kg in 28,110 parts.

Examiners accept that the extension of brokers‘ positions has principally helped the costs of refined soybean oil ascend in the fates market. PTI SRS SHW. ( Source Economics time)