Refined soya oil prices on Tuesday fell Rs 3.6 to Rs 1,381 per 10 kg in futures trade as speculators reduced holdings amid subdued demand in spot market.

On the National Commodity and Derivatives Exchange, refined soya oil for delivery in September declined by Rs 3.6, or 0.26 per cent, to Rs 1,381 per 10 kg in 23,630 lots.

Market analysts said cutting down of positions by participants against ample stocks mainly influenced refined soya oil prices.