Refined soya oil futures up 0.23% on spot demand

Supported by pick-up in domestic demand and restricted supplies from producing regions, refined soya oil prices were up by 0.23 per cent to Rs 599.70 per 10 kg in futures trade today.
At National Commodity and Derivatives Exchange, refined soya oil for delivery in November month edged up by Rs 1.35, or 0.23 per cent to Rs 599.70 per 10 kg with an open interest of 9,215 lots.
Similarly, the oil for delivery in December contracts traded higher by Rs 1.25, or 0.21 per cent to Rs 607.25 per 10 kg in 2,77,945 lots.
Analysts attributed the rise in refined soya oil futures to pick up in demand at the spot market against restricted supplies from producing regions.