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Refined soya oil succumb to profit-booking, shed 0.36%

Press Trust of India  |  New Delhi 

Amid profit-booking at current levels by participants, refined prices eased by 0.25 per cent to Rs 751.35 per 10 kg in futures trading Wednesday.

At the National Commodity and Derivatives Exchange, refined for delivery in current month was trading lower by Rs 2.10, or 0.25 per cent to Rs 751.35 per 10 kg with an open interest of 23,040 lots.

On similar lines, the for delivery in December declined by Rs 1.90, or 0.24 per cent to Rs 760.50 per 10 kg in 35,920 lots.

Market analysts said off-loading of positions by participants to book profits amid easing demand in the physical market against ample stocks position on increased supplies from producing belts, mainly kept refined prices lower at the futures trade.

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

First Published: Wed, October 10 2018. 11:15 IST
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