Business Standard

Refined soya oil futures ease on soft demand

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Press Trust of India New Delhi

Refined soya oil prices on Monday fell by Rs 1.1 to Rs 788.7 per 10 kg in futures trade as speculators reduced holdings amid subdued demand in spot market.

On the National Commodity and Derivatives Exchange, refined soya oil for delivery in November declined by Rs 1.1, or 0.14 per cent, to Rs 788.7 per 10 kg in 5,560 lots.

Analysts said offloading of positions by speculators on low demand against adequate stocks position influenced refined soya oil prices here.

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First Published: Nov 18 2019 | 1:25 PM IST

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