Refined soya oil turned weak and lost Rs 1.85, or 0.38 per cent, to Rs 483.80 per 10 kg in futures trade today, as traders indulged in profit-booking at higher levels, influenced by falling demand in spot market.
At the Multi Commodity Exchange platform, refined soya oil for September-month contract fell by Rs 1.85, or 0.38 per cent, to Rs 483.80 per 10 kg, with a trading volume of 93 lots.
Similarly, the refined soya oil for delivery in October contract declined by Rs 1.45, or 0.30 per cent, to Rs 489.20 per 10 kg, with an open interest of 47 lots, while November delivery eased by Rs 1.40, or 0.28 per cent, to Rs 490.60 per 10 kg, with a business volume of one lot.
