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Refined soya oil futures fall on low demand

New Delhi,  Refined soya oil prices on Monday fell by Rs 16.60 to Rs 1,302.9 per 10 kg in futures trade as speculators reduced holdings amid subdued demand in the spot market.

On the National Commodity and Derivatives Exchange, refined soya oil for delivery in August declined by Rs 16.60, or 1.18 per cent, to Rs 1,302.9 per 10 kg in 28,830 lots.

Market analysts said cutting down of positions by participants against ample stocks mainly influenced refined soya oil prices. PTI