Refined soya oil futures fall on low demand

On the National Commodity and Derivatives Exchange, refined soya oil for delivery in June declined by Rs 13.50, or 0.95 per cent, to Rs 1,404 per 10 kg in 18,965 lots.

BCCL
Market analysts said cutting down of positions by participants against ample stocks mainly influenced refined soya oil prices.
NEW DELHI: Refined soya oil prices on Wednesday fell Rs 13.50 to Rs 1,404 per 10 kg in the 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 June declined by Rs 13.50, or 0.95 per cent, to Rs 1,404 per 10 kg in 18,965 lots.

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

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