 "Refined soya down 0.6% on adequate supply, subdued demand")
Refined soya oil prices fell by by Rs 4.25 to Rs 677.50 per 10 kg in futures market today owing to slackened demand in spot market.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in October fell by Rs 4.25, or 0.62%, to Rs 677.50 per 10 kg with an open interest of 78,230 lots.
Similarly, the oil for delivery in September weakened by Rs 1.95, or 0.28% to Rs 695.30 per 10 kg in 53,630 lots.
Analysts said slackened demand in spot market against adequate supplies from producing region mainly kept pressure on refined soya oil prices at futures trade.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in October fell by Rs 4.25, or 0.62%, to Rs 677.50 per 10 kg with an open interest of 78,230 lots.
Similarly, the oil for delivery in September weakened by Rs 1.95, or 0.28% to Rs 695.30 per 10 kg in 53,630 lots.
Analysts said slackened demand in spot market against adequate supplies from producing region mainly kept pressure on refined soya oil prices at futures trade.