Refined soya oil futures fall on low demand

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New Delhi, Mar 12 (PTI) Refined soya oil prices on Friday fell Rs 14.2 to Rs 1,285.5 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 March declined by Rs 14.2, or 1.09 per cent, to Rs 1,285.5 per 10 kg in 8,030 lots.

Refined soya oil contracts for April traded lower by Rs 10.3, or 0.8 per cent, at Rs 1,283.7 per 10 kg in 51,630 lots.

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