Friday, December 12, 2025 | 02:41 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Refined soya oil remains weak on low spot demand

Speculators pare positions as stocks pile up in spot market

Press Trust of India New Delhi
Refined soya oil prices fell further by 0.67 per cent to Rs 572.80 per 10 kg in futures trade today as speculators trimmed positions following subdued demand in spot market against adequate stocks.

At the National Commodity and Derivatives Exchange, refined soya oil for delivery in August eased by Rs 3.85, or 0.67 per cent to Rs 572.80 per 10 kg with an open interest of 1,53,870 lots.

Similarly, oil for delivery in June shed Rs 2.45, or 0.42 per cent to Rs 584.70 per 10 kg in 1,11,705 lots.

Market analysts said offloading of positions by speculators, driven by sluggish demand in spot market against adequate stocks position mainly kept refined soya oil prices lower at futures trade.
 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 29 2015 | 12:02 PM IST

Explore News