Latin American soybean oil prices return to pre-war levels amid weaker demand
June 24, 2022 Comments Off
South American FOB soybean oil outright prices have fallen by nearly 30% from all-time highs reached in late April, back to pre-Russia-Ukraine war levels, as demand has been weak while the global vegetable oil market is experiencing worsening macroeconomic conditions. Both the Argentinian FOB Up River and the Brazilian FOB Paranagua soybean oil prices for August dates were assessed at…
Latin American soybean oil prices return to pre-war levels amid weaker demand
South American FOB soybean oil outright prices have fallen by nearly 30% from all-time highs reached in late April, back to pre-Russia-Ukraine war levels, as demand has been weak while the global vegetable oil market is experiencing worsening macroeconomic conditions. Both the Argentinian FOB Up River and the Brazilian FOB Paranagua soybean oil prices for August dates were assessed at…
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