Amid pick up in demand at domestic spot markets against restricted supplies from producing belts, refined soya oil prices went up by 0.19 per cent to Rs 747.30 per 10 kg in futures trade today.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in July rose by Rs 1.45, or 0.19 per cent to Rs 747.30 per 10 kg with an open interest of 51,310 lots.
On similar lines, the oil for delivery in August gained Rs 1.30, or 0.17 per cent to Rs 751.70 per 10 kg in 18,640 lots.
Analysts said fresh positions built up by traders after demand picked up in the spot market against restricted supplies from producing regions attributed to the rise in refined soya oil prices in futures trade.
Disclaimer: No Business Standard Journalist was involved in creation of this content
