Besides, adequate stocks position on increased arrivals from producing regions, fulled the downtrend.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in January declined by Rs 3.30, or 0.45 per cent, to Rs 724.65 per 10 kg with an open interest of 42,560 lots.
Similarly, the oil for delivery in February was trading lower by Rs 2.80, or 0.38 per cent, to Rs 731.80 per 10 kg in 35,380 lots.
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