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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 Wednesday fell Rs 1.50 to Rs 1,282 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 1.50, or 0.12 per cent, at Rs 1,282 per 10 kg in 60,315 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