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Refined soya oil futures decline 0.31 pc on profit booking

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Press Trust of India New Delhi
Refined soya oil prices fell by 0.31 per cent to Rs 667.40 per 10 kg in futures trade today, after speculators booked profits at prevailing higher levels.

At the National Commodity and Derivatives Exchange, refined soya oil for delivery in January month shed Rs 2.10, or 0.31 per cent to Rs 667.40 per 10 kg with an open interest of 36,260 lots.

Similarly, the oil for delivery in February edged lower by Rs 1.75, or 0.26 per cent to Rs 658.80 per 10 kg in 76,235 lots.

Market analysts said besides profit-booking by speculators at existing higher levels, fall in demand in the spot market influenced refined soya oil prices at futures trade.

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First Published: Jan 09 2015 | 5:56 PM IST

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