Refined soya oil futures fall on low demand

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New Delhi, Apr 15 (PTI) Refined soya oil prices on Thursday fell by 2 paise to Rs 1,377 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 2 paise, or 0.01 per cent, to Rs 1,377 per 10 kg in 13,400 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 lower by Rs 3, or 0.22 per cent, at Rs 1,352.3 per 10 kg in 36,005 lots. PTI SRS SHW SHW