New Delhi, Nov 15 (PTI) Refined soya oil prices fell further by 0.38 per cent to Rs 687.50 per 10 kg in futures trading today as speculators engaged in trimming their positions, driven by easing demand in the spot market against adequate stocks position.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in November fell by Rs 2.60, or 0.38 per cent to Rs 687.50 per 10 kg with an open interest of 13,460 lots.
Similarly, the oil for delivery in December traded lower by 45 paise, or 0.06 per cent to Rs 708 per 10 kg in 52,450 lots.
Market analysts said offloading of positions by participants on the back of sluggish demand in the physical market against ample stocks position on increased supplies from producing belts, mainly kept refined soya oil prices lower at the futures trade.
This is published unedited from the PTI feed.