Vegetable Fats & Oils

Vegetable Fats & Oils

 

Bean Oil Consolidates as Hedge Funds Exit Positions

Bean oil prices moved lower on Tuesday, following a long holiday weekend in the United States.  Prices action has been volatile, as hedge fund traders continue to alter their positions.  The term structure in bean oil remains negative, as large volume of bean oil in storage, continues to create an overhand.

Hedge fund traders significantly reduced short position allowing prices to increase from 30…

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