Refined soya oil prices fell by another 0.40 per cent to Rs 773.30 per 10 kg in futures market today as speculators trimmed their holdings amid ample stocks position on higher supplies at the spot market.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in July month fell by Rs 3.10, or 0.40 per cent to Rs 773.30 per 10 kg with an open interest of 27,650 lots.
In similar fashion, the oil for delivery in June contract was trading lower by Rs 2.95, or 0.38 per cent to Rs 763.50 per 10 kg in 56,880 lots.
Traders said offloading of positions by participants following adequate stocks position on increased arrivals from producing belts in the physical markets against muted demand kept refined soya oil prices down at futures trade.
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