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Refined soya oil futures fall 0.31% on profit-booking

Press Trust of India  |  New Delhi 

Refined prices drifted lower by 0.31 per cent to Rs 755.75 per 10 kg in futures market today as speculators booked-profits, driven by easing demand at the spot market against adequate stocks.

At the National Commodity and Derivatives Exchange, refined for delivery in July declined by Rs 2.35, or 0.31 per cent, to Rs 755.75 per 10 kg with an open interest of 28,560 lots.

Similarly, the for delivery in 1.55, or 0.20 per cent, to Rs 760.45 per 10 kg in 36,590 lots.

Traders said, besides profit-booking, fall in demand in the physical markets against sufficient stocks position weighed on refined prices in futures trade.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, July 10 2018. 12:00 IST