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Animal Fat Prices Move Higher Ahead of Holiday Break
The overall tone of the market was firmer today with higher prices reported in the poultry fat, yellow grease...
Vegetable oil prices rallied on Tuesday, but a volatile session left soybean oil futures narrowly mixed. Palm oil futures rose on strength in soybean oil and Dalian prices on Monday while the Malaysian market was closed. However, bearish cargo surveyor data limited the gains in palm oil. Rising crude oil futures also supported the move higher in vegetable oil markets.
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