European soybean oil prices rise
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Last Update: 2002-07-26
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Source: Internet
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Author: User
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Introduction: traders claim that European soybean oil prices continue to strengthen, supported by concerns about a dry and hot climate in soybean production areas in the Midwest of the United States But sporadic rains in the Midwest on Monday and Tuesday are expected to continue to cool, limiting the rise in market prices At noon, the price of soybean oil was 6-7 euros / ton higher than Monday's close, and the price of rapeseed oil was 1-2 euros / ton higher affected by soybean oil The market thinks there are some transactions between soybean oil and rapeseed oil, but it can't be confirmed Palm oil prices fell on the belief that Monday's rise was too high due to the US climate The transaction price of palm liquid oil in July is 412.50 US dollars / ton, August / September is 416.50 US dollars / ton, September is 415 US dollars / ton, October / December is 415 US dollars / 412.50 US dollars / ton.
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