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Refined soya oil futures fall on muted demand

Feb 18, 2020, 13:57 IST

PTI

New Delhi, Feb 18 () Refined soya oil prices on Tuesday fell by Rs 5.6 to Rs 827.4 per 10 kg in futures trade as speculators reduced holdings amid weak demand at spot market.

On the National Commodity and Derivatives Exchange, refined soya oil for delivery in February declined by Rs 5.6, or 0.67, to Rs 827.4 per 10 kg in 9,725 lots.

The refined soya oil contracts for March dropped by Rs 6.2, or 0.76 per cent, to Rs 805.6 per 10 kg in 53,935 lots.

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

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