Refined soya oil futures prices fell by Rs 4, or 0.76 per cent, to Rs 516.80 per 10 kg today, as traders indulged in profit booking at higher levels influenced by reduced offtake in the spot market.
At the Multi Commodity Exchange counter, refined soya oil for November delivery fell by Rs 4, or 0.76 per cent, to Rs 516.80 per 10 kg, with a business turnover of 22 lots.
Similarly, the refined soya oil for delivery in December declined by Rs 1.45, or 0.28 per cent, to Rs 525.25 per 10 kg, with a business turnover of two lots.
The fall in refined soya oil was mainly attributed to speculators indulged in profit taking at higher levels, due to fall in demand in the spot market, traders said.
