Refined soya oil prices fell by Rs 19.35 to Rs 625.65 per 10 kg in futures trade after traders reduced their positions amid sluggish demand in the spot market.
At the Multi Commodity Exchange, refined soya oil for February contract fell by Rs 19.35, or 3 per cent, to Rs 625.65 per 10 kg, with a business volume of a single lot.
Likewise, the oil for delivery in March contract shed Rs 1.25, or 0.19 per cent to Rs 663.55 per 10 kg, with an open interest of one lot.
Market analysts said sluggish demand against adequate stocks at the spot market led to the fall in refined soya oil prices at futures trade.