# Refined soya oil futures down 0.57% on muted demand

> 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.

- Date: 2017-09-27 · published 2017-09-27T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/69031-refined-soya-oil-futures-down-0-57-on-muted-demand
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

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.

## Read by commodity

- SBO: bearish ▼

## Sources

- business-standard.com: https://www.business-standard.com/article/pti-stories/refined-soya-oil-futures-down-0-57-on-muted-demand-117092700435_1.html

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