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.

Refined soya oil prices on Monday fell Rs 3.5 to Rs 824.1 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 June declined by Rs 3.5, or 0.42 per cent, to Rs 824.1 per 10 kg in 14,010 lots

Similarly, the refined soya oil contracts for July decreased by Rs 9.9, or 1.21 per cent, to Rs 808.9 per 10 kg in 25,205 lots.    Market analysts said cutting down of positions by participants against ample stocks mainly influenced refined soya oil prices.  PTI SRS RUJRUJ