Refined soya oil prices fell by Rs 3.65, or 0.75 per cent, to Rs 482.90 per 10 kg in futures market today owing to slack demand at existing higher levels, against adequate stocks position in the physical market.
At the Multi Commodity Exchange counter, refined soya oil for September dropped by Rs 3.65, or 0.75 per cent, to Rs 482.90 per 10 kg, with an open interest of 108 lots.
Similarly, the oil for delivery in August declined by Rs 3.05, or 0.63 per cent, to Rs 478.80 per 10 kg, with a business volume of 501 lots.
Market analysts said adequate stocks position, against sluggish demand mainly pulled down refined soya oil prices at futures trade.
