Refined soya oil prices moved down by Rs 6.75 to Rs 658.55 per 10 kg in futures trade today on sluggish demand in the spot market.
At the Multi Commodity Exchange, refined soya oil for February contract moved down by Rs 6.75, or 1.01 per cent, to Rs 658.55 per 10 kg, with a business volume of single lot.
Likewise, the oil for delivery in March contract declined by Rs 5.95, or 0.88 per cent, to Rs 672.30 per 10 kg, with a business turnover of two lots.
Market analysts said sluggish demand against adequate stocks at the spot market led to the fall in refined soya oil prices at futures trade.