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Refined soya oil futures succumb to profit-booking

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Press Trust of India New Delhi

Refined soya oil prices fell 0.19 per cent to Rs 752.75 per 10 kg in futures market today as speculators booked profits amid easing demand at the spot market against adequate stocks position.

At the National Commodity and Derivatives Exchange, refined soya oil for delivery in July shed Rs 1.40, or 0.19 per cent to Rs 752.75 per 10 kg with an open interest of 44,950 lots.

Analysts said besides profit-booking by participants, slump in demand in the physical market against sufficient stocks position on increased arrivals from growing regions mainly weighed on refined soya oil prices at futures trade.

 

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First Published: Jun 28 2018 | 12:55 PM IST

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