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CBOT soy oil soars more than 4% as inventories fall more than expected

by Joy

On June 16, according to media reports, the Chicago Board of Trade (CBOT) soybean oil futures market closed sharply higher on Thursday, of which the benchmark period closed about 4.41%, the highest level in more than three months, because the US soybean oil inventory fell International crude oil futures strengthened, exceeding analysts’ expectations.

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