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Refined soyoil futures on India's NCDEX fell Rs 1.8 to Rs 1,429 per 10 kg on Tuesday. Speculators cut positions amid subdued spot demand and ample stocks.
Weak spot demand and high inventories put downward pressure on Indian soyoil prices. Continued speculative liquidation could extend the decline.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.