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Indian refined soya oil futures rose about 0.7% on the National Commodity and Derivatives Exchange on Wednesday. Traders added positions on tight supplies from growing regions and positive sentiment.
Tight regional supplies and firm spot demand support Indian soyoil prices, which can tighten vegetable oil availability for feed and food users. The move is modest and mainly reflects local market conditions.
business-standard.comPress Trust of IndiaMay 15, 2019Not 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.
