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Refined soya oil prices were up by 0.44% to Rs 749 per 10 kg in futures market today as speculators created fresh positions supported by an improvement in spot market demand.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in November rose by Rs 3.25, or 0.44%, to Rs 749 per 10 kg with an open interest of 55,110 lots.
Similarly, the oil for delivery in December traded higher by Rs 2.30, or 0.31%, to Rs 741.30 per quintal in 1,34,250 lots.
Analysts said speculative positions built up by participants driven by rising demand in spot market mainly supported the upside in refined soya oil at futures trade.
