Refined soya oil prices rose by Rs 5.35 to Rs 618.55 per 10 kg today in futures trading today as traders enlarged their positions in tandem with a firm trend in the spot markets.
Fall in supplies from overseas markets also supported the rise in prices.
At the Multi Commodity Exchange counter, refined soya oil for delivery in June rose by Rs 5.35, or 0.87% to Rs 618.55 per 10 kg, with a trading volume of one lot.
Similarly, the oil for delivery in May surged by 30 paise, or 0.05% to Rs 610 per 10 kg, with an open interest of just one lot.
Analysts said increased buying by speculators on rising spot market demand mainly led to the rise in refined soya oil prices in futures trade.
