
India agreed to cut or eliminate import duties on a range of US farm products, including soybean oil, according to a joint statement on an interim trade framework released in the US. Soybean oil rose to its highest level in more than six months on expectations of higher Indian purchases.
Lower Indian duties could pull US soyoil into a major importing market, supporting US soyoil prices and demand. The effect depends on whether US supplies can compete with cheaper South American oil after freight.
Setelah 224 peristiwa perdagangan bullish sebelumnya, Minyak Kedelai bergerak median +0,4% selama 5 sesi (54% lebih tinggi; separuh tengah -1,5% sampai +2,1%), dan -0,5% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.