Refined soya oil prices softened by 0.19 per cent to Rs 734 per 10 kg in futures market Tuesday as speculators booked-profits, driven by easing demand at the spot market against adequate stocks.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in November fell by Rs 1.40, or 0.19 per cent, to Rs 734 per 10 kg with an open interest of 10,500 lots.
Similarly, the oil for delivery in October contracts weakened by Rs 1.20, or 0.16 per cent, to Rs 731 per 10 kg in 49,690 lots.
Analysts said besides profit-booking, fall in demand in the physical markets against sufficient stocks position weighed on refined soya oil prices in futures trade.
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