# Soybean prices to trade higher: Angel Commodities- Moneycontrol.com

> Angel Commodities expects Indian soybean futures to trade higher after edible oil import duty was raised and NCDEX soybean posted its largest weekly gain since August. Reports also say the government may double export incentives on oilmeal to 10%, and oilmeal exports have risen sharply.

- Date: 2017-11-27 · published 2017-11-27T12:00:00.000Z
- Category: policy · region Global · magnitude medium
- Page: https://feedsoft.ai/events/68081-soybean-prices-to-trade-higher-angel-commodities-moneycontrol-com
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Higher Indian oilmeal export incentives could pull more meal out of India and tighten global meal supply, while the edible oil duty hike supports domestic soybean crushing demand.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2016-12-13 | [China's soybean meal futures rise to 5-month high RAID](https://feedsoft.ai/events/73553-china-s-soybean-meal-futures-rise-to-5-month-high-raid.md) | -0.8% | -1.3% |
| SBM | 2023-03-24 | [Soybean Oil Prices in South America Hit Two-Year Low](https://feedsoft.ai/events/36961-soybean-oil-prices-in-south-america-hit-two-year-low.md) | +3.2% | +1.1% |
| SBM | 2025-06-28 | [Argentina reinstates higher export duties for soybeans and corn - Buenos Aires Herald](https://feedsoft.ai/events/13853-argentina-reinstates-higher-export-duties-for-soybeans-and-corn-buenos-aires.md) | -1.2% | -1.4% |
| SBM | 2024-06-07 | [Brazil Soy Prices: Tax Change Seen Making US More Competitive - Bloomberg](https://feedsoft.ai/events/29784-brazil-soy-prices-tax-change-seen-making-us-more-competitive-bloomberg.md) | +1.1% | +2.0% |
| SBM | 2022-09-15 | [European bill passes to ban imports of deforestation-linked commodities](https://feedsoft.ai/events/39604-european-bill-passes-to-ban-imports-of-deforestation-linked-commodities.md) | -0.4% | -6.4% |
| SOY | 2026-08-01 | [U.S. Biofuel Boom: What’s Driving Record Soybean Crush, and Will It Fuel Higher Prices?](https://feedsoft.ai/events/18452-u-s-biofuel-boom-what-s-driving-record-soybean-crush-and-will-it-fuel-higher.md) | -1.3% | +8.9% |
| SOY | 2025-05-14 | [U.S. grains: Soybeans hit nearly 10-month high on biofuel and trade hopes - Grainews](https://feedsoft.ai/events/9504-u-s-grains-soybeans-hit-nearly-10-month-high-on-biofuel-and-trade-hopes-grainews.md) | -1.3% | -1.6% |
| SOY | 2016-12-13 | [China's soybean meal futures rise to 5-month high RAID](https://feedsoft.ai/events/73553-china-s-soybean-meal-futures-rise-to-5-month-high-raid.md) | -0.9% | -2.7% |

## Sources

- moneycontrol.com: https://www.moneycontrol.com/news/business/stocks/soybean-prices-to-trade-higher-angel-commodities-7-2447775.html

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