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Refined soya oil futures remain weak on adequate stocks

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Press Trust of India New Delhi
Last Updated : Sep 09 2015 | 11:57 AM IST
Refined soya oil prices fell further by 0.59 per cent to Rs 562.60 per 10 kg in futures trade today following adequate stocks position at spot market against easing demand.
At National Commodity and Derivatives Exchange, refined soya oil for delivery in October month declined by Rs 3.35, or 0.59 per cent to Rs 562.60 per 10 kg with an open interest of 88,360 lots.
Also, the oil for delivery in November contracts shed Rs 2.25, or 0.40 per cent to Rs 560 per 10 kg in 38,620 lots.
Analysts said besides adequate stocks on higher supplies from producing regions in the physical market,sluggish demand kept refined soya oil prices lower at futures trade.

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First Published: Sep 09 2015 | 11:57 AM IST

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