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Refined soya oil down on profit-booking

Press Trust of India New Delhi

Refined soya oil prices fell by Rs 1.15 to Rs 628 per 10 kg in futures trade today as traders indulged in profit-booking at higher levels influenced by a low demand at the spot market.  

At the Multi Commodity Exchange, refined soya oil for April month contract fell by Rs 1.15 in a business volume of three lots.

The fall in refined soya oil was mostly attributed to speculators indulging in profit-taking at higher levels due to fall in demand at the spot market by traders.

 

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First Published: Apr 11 2011 | 1:03 PM IST

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