Futures contracts of all components in edible oil basket were trading down on domestic exchanges tracking weakness in global markets. Soybean futures on the National Commodity and Derivatives Exchange closed 1.7% down for the fourth consecutive session tailing losses in Chicago Board of Trade. Tepid buying at higher price level pulled prices lower. Refined soy oil futures on the NCDEX and crude palm oil on the MCX declined due to adequate stocks in wholesale markets. Expectations of a duty hike on imports of edible oils cushioned any sharp fall in prices.