Supported by pick up in demand in the spot market and restricted supplies from producing areas, refined soya oil prices were up by 0.35 per cent to Rs 572.25 per 10 kg in futures trade today.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in October month edged higher by Rs 2, or 0.35 per cent to Rs 572.25 per 10 kg with an open interest of 76,950 lots.
Also, the oil for delivery in far-month November traded higher by Rs 1.40, or 0.25 per cent to Rs 569.00 per 10 kg in 35,945 lots.
Market analysts said besides pickup in demand in the spot market, restricted supplies from producing belts attributed the rise in refined soya oil prices in futures trade.
