Demand worries keep pressure on US soybean oil markets

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Demand worries keep pressure on US soybean oil markets

Trading in the US cash market for vegetable oil remained dull in the week to Friday September 27. Activity has slowed to a crawl, several market trading sources told Fastmarkets.

Most end users, particularly those in the food sector, have covered their positions through the end of this year, according to the same market sources.

"Things remain under pressure. Food demand has backed off as a majority of the market feels well covered through the end of the calendar year," one...

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