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Refined soya oil futures dip on soft demand

Mar 31, 2020, 14:52 IST

PTI

New Delhi, Mar 31 () Refined soya oil prices on Tuesday fell Rs 7.6 to Rs 830 per 10 kg in futures trade as speculators reduced holdings amid subdued demand at spot market.On the National Commodity and Derivatives Exchange, refined soya oil for delivery in April declined by Rs 7.6, or 0.91 per cent, to Rs 830 per 10 kg in 37,965 lots.The refined soya oil contracts for May dropped by Rs 10.8, or 1.32 per cent, to Rs 810 per 10 kg in 14,850 lots.Market analysts said cutting down of positions by participants against ample stocks mainly influenced refined soya oil prices. VHP SHWSHW

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