Refined soya oil prices on Tuesday fell by Rs 3 to Rs 949.2 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 January declined by Rs 3, or 0.32 per cent, to Rs 949.2 per 10 kg in 40,985 lots.
The refined soya oil contracts for February dropped by Rs 1.8, or 0.19 per cent, to Rs 945.8 per 10 kg in 52,165 lots.
Market analysts said cutting down of positions by participants against ample stocks mainly influenced prices.
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