 "Refined soya oil down 0.3% as demand stays muted")
Falling for the second straight day, refined soya oil prices fell 0.27 per cent to Rs 608.30 per 10 kg in futures trade today amid subdued demand in the spot market.
At National Commodity and Derivatives Exchange, refined soya oil for delivery in August eased Rs 1.65, or 0.27 per cent, to Rs 608.30 per 10 kg with an open interest of 1,97,430 lots.
Similarly, the oil for delivery in June contracts edged down Rs 1.30, or 0.21 per cent, to Rs 619.75 per 10 kg in 40,300 lots.
Market analysts said offloading of positions amid lower demand in the spot market against adequate stock position mainly kept pressure on refined soya oil prices.
At National Commodity and Derivatives Exchange, refined soya oil for delivery in August eased Rs 1.65, or 0.27 per cent, to Rs 608.30 per 10 kg with an open interest of 1,97,430 lots.
Similarly, the oil for delivery in June contracts edged down Rs 1.30, or 0.21 per cent, to Rs 619.75 per 10 kg in 40,300 lots.
Market analysts said offloading of positions amid lower demand in the spot market against adequate stock position mainly kept pressure on refined soya oil prices.