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Refined soya oil futures on India's National Commodity and Derivatives Exchange rose about 0.45% on February 27, 2017. Gains came from fresh positions tied to stronger spot demand and tight stocks as supplies fell from producing areas.
Tight domestic stocks and firm spot demand support Indian soyoil prices. The move is a routine local futures change with limited effect on global prices.
business-standard.comPress Trust of IndiaFeb 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.
