# Refined soya oil futures fall on low demand - The Times of India

> 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.

- Date: 2021-08-17 · published 2021-08-17T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/11366-refined-soya-oil-futures-fall-on-low-demand-the-times-of-india
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Weak spot demand and high inventories put downward pressure on Indian soyoil prices. Continued speculative liquidation could extend the decline.

## Read by commodity

- SBO: bearish ▼

## Sources

- timesofindia.indiatimes.com: https://timesofindia.indiatimes.com/refined-soya-oil-futures-fall-on-low-demand/articleshow/85395272.cms

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.