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Refined soya oil futures decline on subdued demand

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Press Trust of India New Delhi

In restricted buying activity, refined soya oil prices declined by Rs 3.40 to Rs 631.10 per 10 kg in futures trade today on subdued demand in the spot market against adequate stock availability.

At the Multi Commodity Exchange, refined soya oil for delivery in July declined by Rs 3.40, or 0.54%, to Rs 631.10 with a business turnover of nine lots.

Traders said sluggish demand against adequate stock availability in the spot market led to the decline in refined soya oil futures prices.

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First Published: Jul 01 2011 | 12:38 PM IST

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