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Author: Tore Alden

Palm Oil Jumps to Record High Ahead of Long Holiday Weekend

Tore Alden | 05.13.2021

Vegetable oil prices were higher on Wednesday as overnight gains in palm oil and a rally in soybean futures drove gains in soybean oil. However, prices rallied ahead of the United States Department of Agriculture's (USDA's) projections, and futures were unable to capture the pre-report highs following the release of the data.

Soybean Oil Prices Set New Highs Despite Bearish Data

Vegetable oil futures were mixed on Tuesday as reports suggesting Indonesian palm oil production could rise by more than...

Soybean Oil Drops Despite Limit-Up Move in May Contract

World vegetable oil futures were generally lower...

Bullish Palm Oil Data Drives Another Rally in Veg Oils

Vegetable oil prices continued to surge...

Inflation Fears and Technical Buying Drive Soy Oil Higher

Agricultural and energy prices surged higher on...

Weakness in Soybean Prices Drives Soybean Oil Lower

Vegetable oil prices were mixed on Wednesday as follow-through buying from Tuesday's bullish export and production data and strength...

Collapse in Soy Spreads Weighs on Nearby Soybean Oil Prices

Vegetable oil prices were mixed on...

Soybean Oil Rises to New Record on Gains in Soybean Market

Vegetable oil futures were mixed...

May Soybean Oil Contract Locked Limit-Up on Fund Spreading

Vegetable oil prices were sharply higher on...

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