Refined soya oil for delivery in June declined by Rs 4.70, or 0.78 per cent, to Rs 598.20 per kg in a business turnover of 76,840 lots in futures trading at National Commodity and Derivatives Exchange.
Also, the oil for delivery in August traded lower by Rs 3.75, or 0.63 per cent, to Rs 588.55 per 10 kg in 1,60,205 lots.
Market analysts said besides profit-booking by speculators at existing levels, fall in demand in the spot market against adequate stocks position mainly influenced refined soya oil prices at futures trade.