Refined soya oil futures fall on low demand

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New Delhi, Mar 25 (PTI) Refined soya oil prices on Thursday fell Rs 3.5 to Rs 1,279 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 3.5, or 0.27 per cent, to Rs 1,279 per 10 kg in 48,415 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 1, or 0.08 per cent, at Rs 1,267 per 10 kg in 19,370 lots. PTI SRS SHW SHW