Refined soya oil futures drifted by Rs 1.45 to Rs 698.90 per 10 kg today.
At the National Commodity and Derivatives Exchange, the January contract softened by Rs 1.45, or 0.21% to Rs 698.90 per 10 kg in 60,660 lots.
Likewise, the February contract shed Rs 1.35, or 0.20% to Rs 686.55 per 10 kg in 91,930 lots.
Analysts said less demand against adequate stocks put pressure on refined soya oil futures.