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Friday, August 2, 2024

soybean oil 02082024

 02 Aug: Soybean oil struggled at the 42 level for a long time. It tried to stay above 42 after the open but got rejected after several attempts and failed to reclaim the VWAP. Selling pressure increased after the opening range was broken, but buyers managed to defend the 41 level. What to Expect Next?


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