Soybean oil FOB outright prices in South America have been at historical highs, more than doubling over year-ago levels, with the market supported by rising futures at the Chicago Board of Trade and, recently, signs of fresh Asian demand. Argentina’s FOB Up River soybean oil for June loading was assessed $1,364.22/mt May 13, up 140.7% …
The post South America soybean oil at historical highs, supported by CBOT, Asia demand first appeared on Hellenic Shipping News Worldwide.
Author: Capt....