# Speculation on futures driving up Indian soybean prices – Asian Agribiz

> Indian feed industry experts blame excessive futures market speculation for a 36% rise in soybean prices and a 38% rise in meal prices this year. The Solvent Extractors' Association commented at a webinar.

- Date: 2021-04-13 · published 2021-04-13T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/47675-speculation-on-futures-driving-up-indian-soybean-prices-asian-agribiz
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

If speculation rather than physical tightness drives Indian soybean and meal prices, the rally could reverse as futures positions unwind, which would ease domestic feed costs.

## Read by commodity

- SBM: neutral
- SOY: neutral

## Sources

- asian-agribiz.com: https://www.asian-agribiz.com/2021/04/14/speculation-on-futures-driving-up-indian-soybean-prices/

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