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Refined soya oil futures down on sluggish demand

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Press Trust of India New Delhi

In restricted activity, refined soya oil prices declined by Rs 4.90 to Rs 610 per 10 kg in futures trading today as speculators reduced their positions on sluggish demand in the spot market.

At the Multi Commodity Exchange, refined soya oil for delivery in April declined by Rs 4.90, or 0.80%, to Rs 610 per 10 kg, with an open interest of a single lot.

Traders said prices of refined soya oil declined as speculators reduced their positions on sluggish demand in the spot market.

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First Published: Mar 22 2011 | 1:13 PM IST

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