Amid pick up in demand at the domestic spot markets, refined soya oil prices traded higher by 0.25 per cent to Rs 749.40 per 10 kg in futures trade today.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in July rose by Rs 1.85, or 0.25 per cent to Rs 749.40 per 10 kg with an open interest of 60,300 lots.
Similarly, the oil for delivery in June edged up by 70 paise, or 0.09 per cent to Rs 745 per 10 kg in 24,250 lots.
Analysts said fresh positions created by traders due to pick up in demand in the spot market against restricted supplies from producing belts attributed the rise in refined soya oil prices in futures trade.
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