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Refined soya oil futures slide 0.30 per cent on adequate stocks

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Press Trust of India New Delhi
Last Updated : Nov 14 2018 | 1:40 PM IST

Refined soya oil prices eased by 0.30 per cent to Rs 736.25 per 10 kg in futures trade Wednesday as speculators trimmed bets, triggered by adequate stocks at spot market.

At the National Commodity and Derivatives Exchange, refined soya oil for December declined by Rs 2.25, or 0.30 per cent, to Rs 736.25 per 10 kg with an open interest of 53,950 lots.

Likewise, the oil for November fell by Rs 1.95, or 0.26 per cent, to Rs 745.10 per 10 kg in 9,760 lots.

Market analysts said, cutting down of positions by participants due to decline in demand against ample stocks mainly influenced the prices.

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First Published: Nov 14 2018 | 1:40 PM IST

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