Refined soya oil futures fall on low demand

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New Delhi, Feb 11 (PTI) Refined soya oil prices on Thursday fell Rs 1.6 to Rs 1,110 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 February declined by Rs 1.6, or 0.14 per cent, to Rs 1,110 per 10 kg in 16,580 lots.

Refined soya oil contracts for March traded lower by Rs 3.7, or 0.33 per cent, at Rs 1,106.4 per 10 kg in 36,075 lots.

Market analysts said cutting down of positions by participants against ample stocks mainly influenced refined soya oil prices. PTI SRS SHW SHW