# Sluggish trend continues in soya oil  - The HinduBusinessLine

> Indian soy refined oil quoted at Rs 757-760 per 10 kg on June 20, with soy solvent at Rs 720-725, palm oil at Rs 635 and mustard seed lower. Trade described sluggish oilseed demand on weak global cues and physical demand.

- Date: 2019-06-20 · published 2019-06-20T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/58673-sluggish-trend-continues-in-soya-oil-the-hindubusinessline
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Weak Indian edible oil demand reduces import appetite for soy and palm oil, which weighs on vegetable oil prices. Soy oil and palm oil prices are the key signals here.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/markets/commodities/sluggish-trend-continues-in-soya-oil/article28088126.ece

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