05 May '11, 8am

Refined soya oil futures weaken on sluggish demand

New Delhi , May 5 (PTI) In restricted activity, refined soya oil prices weakened by Rs 1.55 to Rs 619.50 per 10 kg in futures trade today on sluggish demand in the spot market against adequate stocks. At the Multi Commodity Exchange, refined soya oil for delivery in May weakened by Rs 1.55, or 0.25 per cent to Rs 619.50 per 10 kg, with a trade volume of a single lot. Market analysts said sluggish demand in the spot market against adequate stocks position led to the fall in refined soya oil prices at futures trade.

Full article: http://sg.news.yahoo.com/refined-soya-oil-futures-weaken-...

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