Refined soya oil prices fell further by 80 paise to Rs 622.45 per 10 kg in futures trade today as traders booked profits at higher levels, influenced by fall in demand in the spot market.
At the Multi Commodity Exchange, refined soya oil for delivery in May fell by 80 paise, or 0.13% to Rs 622.45 per 10 kg, with a trading volume of four lots.
Similarly, the refined soya oil for delivery in June declined by 0.45 paise, or 0.07% to Rs 628.90 per 10 kg, with an open interest of five lots.
Traders attributed the decline in refined soya oil futures to profit-booking by speculators at prevailing higher levels on fall in spot demand.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app