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Mysteel oils market daily: CBOT soybeans fell sharply, and vegetable oils showed weakness in overnight trading

Source: Mysteel May 15, 2026 16:14
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Plant Oil Demand Price Supply
Overnight, vegetable oil prices continued to weaken. On expectations that U.S. soybean purchases will not increase due to weak demand from consuming countries and competitive Brazilian supply, CBOT soybeans fell sharply, dragging down canola prices as well. Domestic soybean oil and rapeseed oil declined overnight.

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