Commodity Online MUMBAI: Refined soy oil futures continued to trade down at the domestic futures market on selling by speculators, tracking weak global market sentiments.
NCDEX July Refined Soy Oil trades at Rs 477.60, down Rs 4.50 per 10 kgs pr almost 1% from the previous close. The counter has rebounded from a low of Rs 476.25 and there is a likelihood of some buying coming in at the lower end.
Trade sitting at the comfort of home. Start with a mere 50$We still expect Rs 479 -480 to bring in considerable selling pressure in intraday moves.