Soy Oil/Palm Oil Price Spread Falls Back Below Parity

Category: Vegetable Oil

Soy Oil/Palm Oil Price Spread Falls Back Below Parity

Tore Alden | 11.12.2020

The spread between January soybean oil and palm oil contracts fell back below parity on Thursday but remained just above the low set in late October. The spread has collapsed by nearly two cents since the January contract became palm oil's benchmark contract in mid-October.

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