Refined soya oil prices rose by 0.42 per cent to Rs 638.0 per 10 kg in futures market today on good demand in spot market.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in June went up by Rs 2.70, or 0.42 per cent to Rs 638.20 per 10 kg with an open interest of 48,250 lots.
Similarly, the oil for delivery in July was up by Rs 2.40, or 0.38 per cent to Rs 639.20 per 10 kg in 25,510 lots.
Analysts said fresh positions created by traders supported by an uptick in demand in spot markets against tight stocks on fall in supplies from producing belts mainly led to the rise in refined soya oil prices at futures trade.
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