On the National Commodity and Derivatives Exchange, refined soya oil for February delivery declined by Rs 21.4, or 2.46 per cent, to Rs 846.8 per 10 kg in 54,215 lots.
Refined soya oil contracts for March delivery dropped by Rs 20.4, or 2.38 per cent, to Rs 838 per 10 kg in 31,945 lots.
Market analysts said cutting down of positions by participants against ample stocks mainly influenced refined soya oil prices. VHP SHW SHW