Tag Archives | Beanoil


Key Resistance for Overbought Jan Soybeans is at 1032 3/4

The market looks vulnerable to a serious technical correction over the near-term. A front-loaded demand tone from China for soybeans and active fund trader buying and a lack of interest in supply issues continues to support a short-term uptrend. In addition, palm oil is still in a recovery period for production with short-term stocks extremely […]

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