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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.

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Refined soya oil prices on Friday fell Rs 12.30 to Rs 1,219.5 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 April traded lower by Rs 12.30, or 1 per cent, at Rs 1,219.5 per 10 kg in 55870 lots.

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

(PTI)


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Refined soya oil market analysts spot market