
Soybean Oil Futures Decline on Profit-Taking in Soy Complex
Vegetable oil markets were mixed on Tuesday as palm oil, and Dalian prices played catch up to the rally...
Liquidation continued to weigh on world vegetable oil prices on Thursday. Chinese futures and cash prices continue to plunge, driving selling in the palm oil and soybean oil markets. It is not easy to know when the liquidation will end, but at this point, both palm oil and soybean oil prices are relatively close to the fair value suggested by the fundamentals.
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