Fund Spreading Reverses Overnight Gains In Soybean Oil Market

Category: Vegetable Oil

Fund Spreading Reverses Overnight Gains In Soybean Oil Market

Tore Alden | 10.26.2019

Nearby soybean futures were marginally higher on Monday, with most contracts gaining less than 1/4 percent (January contract +1 cent per bushel). Technically-driven buying following a sharp sell-off on Friday drove the gains. Funds were reported buyers of 3,000 soybean contracts, 2,000 soybean meal contracts, and were reported sellers of 3,000 soybean oil contracts. Long

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Palm Oil Futures Slightly Higher

Palm Oil Futures Slightly Higher

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Palm Oil Prices Plunge, But Soybean Oil Futures Settle Marginally Higher

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Selling accelerated on the Dalian exchange in response to the sharp decline in palm oil futures in Malaysia with...

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Palm oil futures rose about one percent (November contract +21 ringgit per tonne) on bullish data from the Malaysian...

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Palm Oil Inventories Declined To The Lowest Level In More Than A Year

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Analysts’ expectations that palm oil inventories at the end of August may have declined to the lowest level in...

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Palm oil futures were sharply lower following a long holiday weekend with most nearby contracts down more than two...

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Most canola contracts lost a little more than 3/4 percent

Most canola contracts lost a little more than 3/4 percent

Most canola contracts lost a little more than 3/4 percent (November contract -C$3.50 per tonne) on Tuesday on the...

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Canola futures lost about 1/4 percent

Canola futures lost about 1/4 percent

Canola futures lost about 1/4 percent (November contract -C$1.70 per tonne) as the weakness in soybean futures more than...

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