Refined soya oil futures prices fell by Rs 1.95, or 0.37 per cent, to Rs 521.20 per 10 kg today, as traders booked profits at higher levels, triggered by fall in demand at spot markets.
At the Multi Commodity Exchange counter, refined soya oil for delivery in November fell by Rs 1.95, or 0.37 per cent, to Rs 521.20 per 10 kg, with a trading volume of 31 lots.
Similarly, the refined soya oil for delivery in October declined by Rs 1.40, or 0.27 per cent, to Rs 511.60 per 10 kg, with a business volume of two lots, while December-month contract eased by Rs 1.20, or 0.23 per cent, to Rs 530.50 per 10 kg in four lots.
The fall in refined soya oil futures prices mostly attributed to speculators, who indulged in profit taking at higher levels due to fall in demand in the spot market traders said.