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Refined soya oil futures fall on low demand

New Delhi,  Refined soya oil prices on Tuesday fell Rs 10.5 to Rs 1,405.5 per 10 kg in futures trade as speculators reduced holdings amid subdued demand in spot market.

On the National Commodity and Derivatives Exchange, refined soya oil for delivery in August declined by Rs 10.5, or 0.74 per cent, to Rs 1,405.5 per 10 kg in 32,625 lots.

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