World Vegetable Oil Prices Mixed, Driving Spread Between Soybean Oil and Palm Oil Wider

World Vegetable Oil Prices Mixed, Driving Spread Between Soybean Oil and Palm Oil Wider

WORLD VEGETABLE OIL PRICES MIXED, DRIVING SPREAD BETWEEN SOYBEAN OIL AND PALM OIL WIDER

World vegetable oil prices were mixed again on Friday with palm oil futures down sharply while soybean oil prices rallied. The move contributed to a widening of the spread to more than two cents per pound between the two most commonly used vegetable oils. The relatively narrow spread, which was close to parity earlier in the…

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