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Refined Soya Oil Futures Fall On Low Demand

Refined soya oil for delivery in May declined by Rs 14.90, or 1.07 per cent, to Rs 1,376 per 10 kg in 35,400 lots.

Photo Credit : Reuters

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Refined soya oil prices on Friday fell Rs 14.90 to Rs 1,376 per 10 kg in the futures trade, as speculators reduced holdings amid subdued demand in the spot market.

On the National Commodity and Derivatives Exchange, refined soya oil for delivery in May declined by Rs 14.90, or 1.07 per cent, to Rs 1,376 per 10 kg in 35,400 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 analysts oil prices