Refined soya oil prices were up by 0.27 per cent to Rs 639.80 per 10 kg in futures trade today as participants built up fresh positions, driven by uptick in demand in the spot markets.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in August month rose by Rs 1.75, or 0.27 per cent to Rs 639.80 per 10 kg with an open interest of 38,680 lots.
Likewise, the oil for delivery in July contracts edged up by Rs 1.30, or 0.20 per cent to Rs 638.50 per 10 kg in 39,790 lots.
Analysts said fresh positions created by traders due to pick up in demand in the physical market, mainly attributed the rise in refined soya oil prices at futures trade.
Disclaimer: No Business Standard Journalist was involved in creation of this content
