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Refined soya oil futures fall on ample stocks

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Press Trust of India New Delhi
Last Updated : Sep 20 2019 | 2:00 PM IST

Refined soya oil prices fell 0.03 per cent to Rs 761 per 10 kg in futures trade on Friday as speculators trimmed their bets amid adequate supply at the spot market.

On the National Commodity and Derivatives Exchange, refined soya oil contracts for September delivery declined by 50 paise, or 0.03 per cent, to Rs 761 per 10 kg with an open interest of 5,720 lots.

For October delivery, the contract fell Rs 4.15 or 0.54 per cent, to Rs 764.3 per quintal with an open interest of 46,280 lots.

Market analysts said cutting down of positions by participants against ample stocks mainly influenced prices.

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First Published: Sep 20 2019 | 2:00 PM IST

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