Refined soya oil futures fall on low demand

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New Delhi, Feb 19 (PTI) Refined soya oil prices on Friday fell Rs 3.7 to Rs 1,149.6 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 3.7, or 0.32 per cent, to Rs 1,149.6 per 10 kg in 3,865 lots.

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

However, Refined soya oil contracts for March traded higher by Rs 2.5, or 0.22 per cent, at Rs 1,137 per 10 kg in 44,815 lots. PTI SRS SHW SHW