Refined soya oil prices fell by Rs 19.25 per 10 kg in futures trade today due to sluggish demand in the spot market against adequate stocks.
At the Multi Commodity Exchange, refined soya oil for delivery in August month fell by Rs 19.25, or 2.96%, to Rs 630 per 10 kg, with a business turnover of just two lots.
Similarly, the oil for delivery in July lost Rs 3.70, or 0.59%, to Rs 627 per 10 kg, with a business volume of four lots.
Traders said sluggish demand against adequate stocks position in the spot market led to the fall in refined soya oil futures prices.
