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Soybean Oil Jumps on Optimism about Coronavirus Peak

Tore Alden | 04.06.2020 | Jacobsen

World vegetable oil prices continued to follow the same pattern from late last week with soybean oil prices rising sharply while nearby palm oil contracts posted marginal gains and deferred contracts were lower. Optimism about the United States reaching the peak of the coronavirus pandemic made traders more optimistic about the speed of the potential recovery (or…

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Soybean Oil Jumps on Optimism about Coronavirus Peak

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