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Global vegetable oil prices showed mixed moves the week of September 18, 2023. Malaysian crude palm oil firmed to €736/mt on BMD from €724 a week earlier, while CBOT soybean oil eased to $1375/mt from $1392.
Palm oil strength versus weaker soyoil and rapeseed points to divergent vegetable oil pricing, which affects the cost of fat and oil inclusions in feed rations.
vespertool.comMegan HiddenSep 20, 2023Not enough comparable past events yet for a historical read.
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.
