Refined soya oil prices rose by 0.29 per cent to Rs 693.95 per 10 kg in futures trade today as speculators created fresh positions, tracking a firm trend at spot market on pick up in demand.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in July traded higher by Rs 2, or 0.29 per cent to Rs 693.95 per 10 kg with an open interest of 50,860 lots.
Similarly, the oil for delivery in August edged higher by Rs 1.20, or 0.18 per cent to Rs 681.80 per 10 kg in 1,57,190 lots.
Market analysts said fresh positions built-up by speculators after demand picked up in the spot market mainly led to the rise in refined soya oil prices at futures trade.
