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Refined Soya Oil Futures Fall On Low Demand

Refined soya oil for delivery in July declined by Rs 2.6, or 0.19 per cent, to Rs 1,363 per 10 kg in 4,995 lots.

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Refined soya oil prices on Friday fell Rs 2.6 to Rs 1,363 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 2.6, or 0.19 per cent, to Rs 1,363 per 10 kg in 4,995 lots.

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

(PTI)


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Soya Oil spot market Market analyst futures trade