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Mysteel oils market daily: Rapeseed oil leads gains, attention on Canadian canola planting

Source: Mysteel May 29, 2026 09:04
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Plant Oil Demand Price Supply
One new Chinese soybean oil export deal was heard yesterday, alleviating some concerns about export restrictions. However, overall momentum in the futures market remains limited, with U.S. soybean planting progress proceeding normally. On the spot side, following yesterday's price rally, outright purchase volumes increased, while basis offers remained stable with a slight weak bias.

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