In restricted activity, refined soya oil prices softened by 0.07% to Rs 653.50 per 10 kg in futures trade today as traders booked profits at existing higher levels, driven by subdued spot market demand.
Restricted arrivals created adequate stocks position, which further supported the uptrend.
At the Multi Commodity Exchange, refined soya oil for September delivery traded lower by 45 paise, or 0.07%, to Rs 653.50 per 10 kg, with a business turnover of two lots.
Traders attributed the fall in refined soya oil to profit-taking by speculators at higher levels due to subdued spot market demand.
