Refined soya oil futures extend losses, down 0.31% _ business standard news binary number system

.

Refined soya oil remained weak for the second day and prices shed another 0.31 per cent to Rs 668.65 per 10 kg in futures market today as participants reduced their exposure on the back of sluggish demand in the spot market.

At the National Commodity and Derivatives Exchange, refined soya oil for delivery in November month declined by Rs 2.10, or 0.31 per cent, to Rs 668.65 per 10 kg with an open interest of 61,940 lots.

Market analysts said offloading of positions by traders due to muted demand in the spot market against ample stocks position on increased supplies from producing regions, mainly kept refined soya oil prices lower at futures trade.

At the National Commodity and Derivatives Exchange, refined soya oil for delivery in November month declined by Rs 2.10, or 0.31 per cent, to Rs 668.65 per 10 kg with an open interest of 61,940 lots.

Market analysts


said offloading of positions by traders due to muted demand in the spot market against ample stocks position on increased supplies from producing regions, mainly kept refined soya oil prices lower at futures trade.

Refined soya oil futures extend losses, down 0.31% Refined soya oil remained weak for the second day and prices shed another 0.31 per cent to Rs 668.65 per 10 kg in futures market today as participants reduced their exposure on the back of sluggish demand in the spot market.

At the National Commodity and Derivatives Exchange, refined soya oil for delivery in November month declined by Rs 2.10, or 0.31 per cent, to Rs 668.65 per 10 kg with an open interest of 61,940 lots.

Market analysts said offloading of positions by traders due to muted demand in the spot market against ample stocks position on increased supplies from producing regions, mainly kept refined soya oil prices lower at futures trade. Eur usd chart investing Refined soya oil remained weak for the second day and prices shed another 0.31 per cent to Rs 668.65 per 10 kg in futures market today as participants reduced their exposure on the back of sluggish demand in the spot market.

At the National Commodity and Derivatives Exchange, refined soya oil for delivery in November month declined by Rs 2.10, or 0.31 per cent, to Rs 668.65 per 10 kg with an open interest of 61,940 lots.

Market analysts said offloading of positions by traders due to muted demand in the spot market against ample stocks position on increased supplies from producing regions, mainly kept refined soya oil prices lower at futures trade.

All materials are found on open spaces of a network the Internet as freely extended and laid out exclusively in the fact-finding purposes. If you are what lawful legal owner or a product and against its placing on the given site, inform us and we will immediately remove the given material. The administration of a site does not bear responsibility for actions of the visitors breaking copyrights. abuzesite@bigmir.net

banner