Vegoils commentary

Vegoils commentary: CME soyoil plunges amid potential decrease in US biofuel blending

26 Jul 2024

Vegoils prices were mixed across regions on Friday July 26, with a stronger undertone across commodities in Asia and plummeting soyoil prices in the Americas, while futures on the Chicago Mercantile Exchange dropped steeply due to expectations of lower biofuel demand in the US.

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