Refined oil prices rose Rs 2.95 to Rs 529.40 per 10 kg in futures market today supported by pick up in demand at spot markets.
At the Multi Commodity Exchange counter, refined soya oil for November delivery rose by Rs 2.95, or 0.56 per cent, to Rs 529.40 per 10 kg, with an open interest of just one lot.
Similarly, the oil for delivery in October traded higher by Rs 2, or 0.39 per cent, to Rs 520.50 per 10 kg, with an open interest of single lot.
Traders said firming trend at spot markets on the back of rising demand for the ongoing festival and marriage season demand led to a rise in refined soya oil futures prices.