Advertisement

  • News
  • Columns
  • Interviews
  • BW Communities
  • Events
  • BW TV
  • Subscribe to Print
  • Editorial Calendar 19-20
BW Businessworld

Refined Soya Oil Futures Fall On Low Demand

Market analysts said cutting down of positions by participants against ample stocks mainly influenced refined soya oil prices.

Photo Credit :

Refined soya oil prices on Tuesday fell Rs 3.1 to Rs 812.9 per 10 kg in futures trade as speculators reduced holdings amid subdued demand in spot market.

On the National Commodity and Derivatives Exchange, refined soya oil for delivery in July declined by Rs 3.1, or 0.38 per cent, to Rs 812.9 per 10 kg in 16,595 lots.

Similarly, refined soya oil contracts for August decreased by Rs 1.2, or 0.15 per cent, to Rs 811.4 per 10 kg in 23,570 lots.

Market analysts said cutting down of positions by participants against ample stocks mainly influenced refined soya oil prices.

(PTI)