Refined soya oil futures fall on low demand

New Delhi, Jan 23 () Refined soya oil prices on Thursday fell by Rs 3.8 to Rs 879 per 10 kg in futures trade as speculators reduced holdings amid subdued demand at spot market.

On the National Commodity and Derivatives Exchange, refined soya oil for February delivery declined by Rs 3.8, or 0.43 per cent, to Rs 879 per 10 kg in 54,150 lots.

Refined soya oil contracts for March delivery dropped by Rs 4.8, or 0.55 per cent, to Rs 872 per 10 kg in 28,935 lots.

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