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Refined soya oil futures dip on low demand

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Press Trust of India New Delhi

Refined soya oil prices on Thursday fell 0.33 per cent to Rs 798.85 per 10 kg in futures trade as speculators trimmed their bets amid adequate supply at spot market.

On the National Commodity and Derivatives Exchange, refined soya oil contracts for November delivery declined by Rs 2.65, or 0.33 per cent, to Rs 798.85 per 10 kg with an open interest of 14,520 lots.

Market analysts said cutting down of positions by participants against ample stocks mainly influenced refined soya oil prices.

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First Published: Nov 14 2019 | 2:00 PM IST

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