Refined soya oil traded higher by Rs 1.40, or 0.29 per cent, to Rs 479.50 per 10 kg in futures trading today, as speculators enlarged their positions, driven by pick up in spot demand.
At the Multi Commodity Exchange counter, refined soya for October delivery traded higher by Rs 1.40, or 0.29 per cent, to Rs 479.50 per 10 kg, with an open interest of 228 lots.
Similarly, the oil for delivery in November inched up by Rs 1.35, or 0.28 per cent, to Rs 480 per 10 kg, with an open interest of 25 lots.
Marketmen said fresh positions created by traders and speculators on pick up in demand in the spot market, helped the rise in refined soya oil prices in futures market.