A Collapse in Crude Oil Prices Triggers Selling in World Vegetable Oil Markets

A Collapse in Crude Oil Prices Triggers Selling in World Vegetable Oil Markets

Tore Alden | 04.27.2020 | Jacobsen

A Collapse in Crude Oil Prices Triggers Selling in World Vegetable Oil Markets

Falling crude oil prices drove world vegetable oil markets lower on Monday. Soybean oil futures were marginally lower (July contract -3 basis points per pound) and settled within the middle of the trading range. However, technically-driven…

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