Vegoils commentary

Vegoils commentary: CPO approaches multi-month high, soyoil falls post-WASDE

11 Oct 2024

Crude palm oil (CPO) futures rebounded sharply on Friday October 11 to close the week higher for a fourth straight week, with support coming from a firm vegoil complex and positioning ahead of the weekend and USDA’s World Agricultural Supply and Demand (WASDE) report.

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