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Refined soya oil futures down 0.78% on profit-booking

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Press Trust of India New Delhi
Last Updated : May 19 2015 | 6:48 PM IST
Refined soya oil prices fell by 0.78 per cent to Rs 598.20 per 10 kg in futures trade today as speculators booked profits at prevailing higher levels amid fall in demand in the spot market.
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.

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First Published: May 19 2015 | 6:48 PM IST

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