Refined soya oil futures moved up by Rs 2.05 to Rs 489.70 per 10 kg today largely on the back of pick up in demand in spot markets.
At the Multi Commodity Exchange, refined soya oil for August month edged up by Rs 2.05, or 0.42 per cent, to Rs 489.70 per 10 kg with an open interest of 613 lots.
However, refined soya for September month held steady at Rs 493.60 per 10 kg in 184 lots.
Market analysts said pick up in demand in spot markets due to festive season led to rise in refined soya oil prices at the futures market.