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Amid pick-up in domestic demand, refined soya oil prices rose 0.52% at Rs 698 per 10 kg in futures trading today as speculators created fresh positions.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in May rose Rs 3.60, or 0.52%, to Rs 698 per 10 kg with an open interest of 1,20,370 lots.
Similarly, the oil for delivery in April moved up by Rs 2.80, or 0.40%, to Rs 708.05 per 10 kg in 76,770 lots.
Analysts said speculators created fresh positions following rising demand in the spot market that mainly influenced refined soya oil prices at futures trade.
