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Refined soya futures fall on weak demand

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Refined soya futures fall on weak demand

New Delhi, Nov 23 (PTI) Refined soya oil prices on Tuesday fell by Rs 2.1 to Rs 1,240.5 per 10 kg in futures trade as speculators reduced their positions due to weak demand.

On the NCDEX, refined soya oil for delivery in December fell by Rs 2.1, or 0.17 per cent, to Rs 1,240.5 per 10 kg in a business turnover of 46,580 lots.

Market analysts said offloading of positions by participants against adequate stocks position mainly led to the fall in refined soya oil futures.

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