$Soybean Oil Futures(DEC4) (ZLmain.US)$ [Share Link: $Crude ...
Nice closing by fcpo.
going higher high on bullish tone.
will soybean oil folllow too?
2025 b40 biodiesel by indonesia + rate cut by all major economies will boost commodity demand. fcpo will not be lower than now.
2022 is the peak demand for commodity until rate cut started the curtail of demand
2024 is the final year for weakest demand due to pause of rate hike .
![$Soybean Oil Futures(DEC4) (ZLmain.US)$ [Share Link: $Crude Palm Oil Futures(AUG4)(FCPOmain.MY)$] Nice closing by fcpo. going higher high on bullish tone. w...](https://sgsnsimg.moomoo.com/sns_client_feed/103349305/20240531/1717165351330-random8849-103349305-android-org.jpeg/big?area=104&is_public=true)
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