Refined soya oil futures fall on low demand

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New Delhi, Mar 30 (PTI) Refined soya oil prices on Tuesday fell Rs 5.1 to Rs 1,258.5 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 April declined by Rs 5.1 or 0.4 per cent, to Rs 1,258.5 per 10 kg in 40,140 lots.

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

Refined soya oil contracts for May traded higher by Rs 6.9, or 0.55 per cent, at Rs 1,243.5 per 10 kg in 18,120 lots. PTI SRS SHW SHW