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Author: Tore Alden

Vegetable Oil Price Rally Stalls Ahead of Key Reports

Tore Alden | 11.06.2020

Profit-taking drove vegetable oil prices lower on Friday, but the declines were modest in relation to the sharp moves higher this week. For the week, soybean oil prices gained more than five percent, and palm oil futures rose more than 5 1/2 percent. Energy prices dropped sharply on growing concerns about the economic impact of the reacceleration in coronavirus cases in the United States and Europe.

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Vegetable oil futures jumped sharply on Monday despite a 3 1/2 percent decline in West Texas Intermediate (ETI) futures...

Sell-Off in Vegetable Oil Futures Accelerates

Vegetable oil futures were sharply lower on Monday as overnight weakness in Chinese vegetable oil futures triggered speculative liquidation...

Rally in Soybean Futures Lifts Soybean Oil Prices

World vegetable oil prices were mixed on Wednesday...

Soybean Oil Prices Fall on Profit-Taking in Soybean Futures

Weakness in crude oil prices triggered short oil share spreading by funds, which weighed on soybean oil prices.

Concerns About Production Drive Palm Oil Futures Higher

Vegetable oil markets were mixed on Wednesday as growing concerns about excessive rainfall in Malaysia and Indonesia helped support...

President Trump’s Recovery Triggers Soybean Oil Price Rally

An improvement over the weekend in President Trump's prognosis for recovery from his infection with the coronavirus triggered a...

Vegetable Oil Prices Trade in Wide Ranges but Settle Higher

World vegetable oil markets continued to stabilize following two weeks of extreme volatility. However, both markets traded in a...

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