Business Standard

Refined soya oil futures slip marginally on subdued demand

Image

Press Trust of India New Delhi
Refined soya oil prices on Wednesday fell by 55 paise to Rs 802.30 per 10 kg in futures trade as speculators reduced holdings amid subdued demand at spot market.
On the National Commodity and Derivatives Exchange, refined soya oil for delivery in December declined by 55 paise, or 0.07 per cent, to Rs 802.3 per 10 kg in 40,730 lots.
Analysts said offloading of positions by speculators on low demand against adequate stocks position influenced refined soya oil prices here.

Disclaimer: No Business Standard Journalist was involved in creation of this content

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

First Published: Nov 27 2019 | 2:05 PM IST

Explore News