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Will Trade Truce Lead to Less Volatile Palm and Coconut Oil?
date:Dec 17, 2018
As we head into the holidays everyone is looking where edible oils will head during first half of 2019. The trade truce between US and China seems to be working. China made their first purchase of US Soya in 6 months this week so boosting prices. Also Crude has been firmer as OPEC reduces supply and again on that trade war truce. But OPEC is also predicting lower crude oil demand next year as they see economic turbulence ahead next year. Palm oil reported highest stockpiles in 20 years this mont

12/24 00:03