# Refined soya oil futures decline on adequate supply

> Refined soya oil futures on India's National Commodity and Derivatives Exchange fell about 0.4 percent, with December delivery at Rs 762 per 10 kg. Speculators reduced positions amid ample spot stocks and subdued physical demand.

- Date: 2018-10-05 · published 2018-10-05T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/62631-refined-soya-oil-futures-decline-on-adequate-supply
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Ample Indian spot stocks and weak demand weigh on soyoil prices domestically, a routine move with limited effect on global soyoil benchmarks.

## Read by commodity

- SBO: bearish ▼

## Sources

- business-standard.com: https://www.business-standard.com/article/pti-stories/refined-soya-oil-futures-decline-on-adequate-supply-118100500286_1.html

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