Futures Hotspot Tracking
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Boosted by multiple factors such as crude oil and biodiesel policies, several oil and oilseed futures including palm oil, rapeseed oil, and soybean meal have hit their daily limit-ups. According to institutions, palm oil is currently the main driver of the crude oil narrative. In the short to medium term, attention should be paid to the situation in the Middle East, and vegetable oil prices are expected to continue following the rise in crude oil.
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