Refined soya oil prices eased by 0.69 per cent to Rs 787.80 per 10 kg in futures trade today as speculators reduced exposure, taking negative cues from spot market on sluggish demand.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in April fell by Rs 5.50, or 0.69 per cent, to Rs 787.80 per 10 kg with an open interest of 46,960 lots.
Similarly , the oil for delivery in March contract shed Rs 5.05, or 0.64 per cent, to Rs 778.75 per 10 kg in 18,980 lots.
Analysts said offloading of positions by participants due to tepid demand in the physical market against ample stocks position weighed on refined soya oil prices in futures trade.
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