# Refined soya oil gains 0.14% as demand picks up

> Refined soya oil futures on India's National Commodity and Derivatives Exchange rose 0.14% to Rs 734.90 per 10 kg. Speculators added fresh positions on firm spot demand and restricted arrivals from producing regions.

- Date: 2018-08-31 · published 2018-08-31T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/63614-refined-soya-oil-gains-0-14-as-demand-picks-up
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Indian domestic soyoil price moves are a small local signal; firm spot demand and tight arrivals point to modestly higher edible oil costs for Indian buyers.

## Read by commodity

- SBO: bullish ▲

## Sources

- business-standard.com: https://www.business-standard.com/article/pti-stories/refined-soya-oil-gains-0-14-as-demand-picks-up-118083100295_1.html

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