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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 Thursday fell Rs 13.30 to Rs 1,389 per 10 kg in the futures trade as speculators cut their holdings amid subdued demand in the spot market.

On the National Commodity and Derivatives Exchange, refined soya oil for delivery in May declined Rs 13.30, or 0.95 per cent, to Rs 1,389 per 10 kg in 36,570 lots.

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

(PTI)


Tags assigned to this article:
spot market Refined soya oil oil prices oil demand