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Bangladeshi bottled edible oil companies agreed to raise soybean oil prices by Tk8 per litre, citing international market conditions. International unrefined soybean oil had fallen from a August high of $793 to $688.50 per tonne by December 12.
This is a local retail pass-through of prices that have already softened internationally, so it has little effect on global soybean oil or meal prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.