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Refined soya oil prices rose by 0.59% to Rs 675.80 per 10 kg in futures trading today as speculators created positions, supported by a pick up in demand in the spot market.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in February rose by Rs 3.95, or 0.59%, to Rs 675.80 per 10 kg with an open interest of 1,21,580 lots.
Similarly, the oil for delivery in January traded higher by Rs 1.75, or 0.26%, to Rs 680.20 per 10 kg in 18,360 lots.
Analysts said speculators indulged in creating fresh positions after pick up in demand in the spot market mainly led to rise in refined soya oil prices at futures trade.
