Volatility in Crude Drives Mixed Vegetable Oil Prices

Volatility in Crude Drives Mixed Vegetable Oil Prices

Volatility in Crude Drives Mixed Vegetable Oil Prices

Vegetable oil prices were mixed on Tuesday, as volatility in crude oil prices contributed to the movement in both markets. Higher crude oil over night helped support palm oil, while a reversal during U.S. trading hours contributed to the weakness in soybean oil futures.

Soybean oil futures declined by more than 1/2 percent (July contract…

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