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Writer's pictureHenri Bardon

Beanoil as coefficient of Gasoil spikes ahead of Thanksgiving


Bean oil is spiking higher despite Brazil incoming govt announcing that they would not increase mandate until possibly next year. SouthAmerican Soyoil FOB premium are record low yet futures driven by the "force"...could it be US RVOs... Options expiry in 3 days with big call options position at >75 strike.


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