Refined soya oil prices fell further by 0.14 per cent to Rs 766.90 per 10 kg in futures trade today as speculators engaged in reducing holdings amid sluggish demand in the spot market.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in April fell by Rs 1.05, or 0.14 per cent, to Rs 766.90 per 10 kg with an open interest of 13,840 lots.
On similar lines, the oil for delivery in May was trading lower by 65 paise, or 0.08 per cent, to Rs 774.90 per 10 kg in 52,110 lots.
Analysts said, offloading of positions by participants on the back of muted demand in the physical market against adequate stocks position on increased arrivals from producing belts, kept refined soya oil prices down at futures trade.
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