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Refined soya oil eases on sluggish demand

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 1:04 AM IST

Refined soya oil fell by Rs 0.90, or 0.19 per cent, to Rs 466.95 per 10 kg in futures market today on subdued demand at spot markets against adequate stocks position.

At the Multi Commodity Exchange, refined soya oil for August-month weakened by Rs 0.90, or 0.19 per cent, to Rs 466.95 per 10 kg, with an open interest of 288 lots.

Similarly, the oil for delivery in September-month lost Rs 0.40, or 0.08 per cent, to Rs 471.50 per 10 kg, with an open volume of 50 lots.

Market analysts said fresh fall in refined soya oil prices at futures market was due to sluggish demand in spot markets.

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First Published: Jul 20 2010 | 2:33 PM IST

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