# Refined soya oil futures extend gains on spot demand

> Indian refined soya oil futures on the National Commodity and Derivatives Exchange rose about 0.3% on firm spot demand and restricted supplies from producing belts. September delivery traded at Rs 657.85 per 10 kg.

- Date: 2017-08-31 · published 2017-08-31T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/69544-refined-soya-oil-futures-extend-gains-on-spot-demand
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Tight domestic Indian supply and firm spot demand support local soyoil prices, a routine move with limited effect on global feed markets.

## Read by commodity

- SBO: bullish ▲

## Sources

- business-standard.com: https://www.business-standard.com/article/pti-stories/refined-soya-oil-futures-extend-gains-on-spot-demand-117083100380_1.html

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