Selling Across Agricultural Commodities Weighs on Soybean Oil While Less Bad Outlook for Palm Oil Exports Supports Prices

Selling Across Agricultural Commodities Weighs on Soybean Oil While Less Bad Outlook for Palm Oil Exports Supports Prices

SELLING ACROSS AGRICULTURAL COMMODITIES WEIGHS ON SOYBEAN OIL WHILE LESS BAD OUTLOOK FOR PALM OIL EXPORTS SUPPORTS PRICES

World vegetable oil prices were mixed on Tuesday with soybean oil and deferred palm oil prices falling, while nearby palm oil futures were higher. Traders are trying to figure out how much the economic impact of the coronavirus pandemic will impact world vegetable oil demand, which is tougher to…

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