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Refined soya oil futures decline on profit booking

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 10:13 PM IST

Refined soya oil futures prices fell by Rs 5.10 to Rs 636.60 per 10 kg today after speculators booked profit. Sluggish spot market demand also had a negative impact on the trading sentiments.  

On the Multi Commodity Exchange, refined soya oil for delivery in July fell by Rs 5.10, or 0.79%, to Rs 636.60 per 10 kg, with a business turnover of 16 lots. 

Market analysts said apart from profit-booking by speculators, the fall in spot market demand also led to decline in refined soya oil futures prices.

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First Published: Jun 16 2011 | 3:09 PM IST

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