Refined soya oil fell by Rs 3.50 to Rs 664 per 10 kg in futures trade today as traders indulged in profit-booking at prevailing high levels influenced by a fall in spot market demand.
At the Multi Commodity Exchange, refined soya oil for August delivery fell by Rs 3.50, or 0.52%, to Rs 664 per 10 kg, with a trading volume of four lots.
The fall in refined soya oil mostly due to profit-taking by speculators at existing higher levels on fall in demand in the spot market, traders said.