Buoyed by a firm trend at spot markets, refined oil futures prices rose for the third straight day by adding Rs 7.30 to Rs 588.90 per 10 kg today on speculators buying fresh positions.
At the Multi Commodity Exchange counter, refined soya oil for December month contract rose by Rs 7.30, or 1.26 per cent to Rs 588.90 per 10 kg, clocking a business turnover of just one lot.
Similarly, the oil for delivery in November contract edged up by Rs 6.25, or 1.10 per cent to Rs 575.75 per 10 kg, with a trade volume of just one lot.
Analysts said firm trend at domestic markets on rising demand ahead of marriage season led to rise in refined soya oil futures prices here.