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Refined soya oil futures on India's National Commodity and Derivatives Exchange fell 0.57 percent to Rs 675 per 10 kg on Sept 27. Analysts attributed the decline to speculators unwinding positions amid tepid spot demand and adequate stocks.
Weak Indian spot demand and ample stocks point to softer domestic edible oil prices, a routine move with limited effect on global soyoil or meal.
business-standard.comPress Trust of IndiaSep 27, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
