Refined soya oil futures up on spot demand

Refined soya oil prices inched up by 0.03% to Rs 656.10 per 10 kg in futures trade today due to pick-up in demand in the spot market.    

At the Multi Commodity Exchange, refined soya oil for September delivery inched up by 20 paise, or 0.03%, to Rs 656.10 per 10 kg, with an open interest of a single lot.  

Market analysts said pick-up in demand supported by the ongoing festive season, mainly helped refined soya oil prices to trade marginally higher at futures trade.