Soybean oil is making gains on the back of rising Malaysian palm oil futures. The upward movement in palm oil contracts is pushing broader oilseed complex higher, signaling renewed appetite for commodity exposure amid shifting macro conditions.
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DefiPlaybook
· 10h ago
According to data, the correlation between palm oil futures and soybean oil is approximately 0.73. It is worth noting the macro driving factors behind this wave of price increases—analyzed from three dimensions: supply tightening, demand recovery, and re-pricing on the capital side. First, Malaysia's palm oil inventories decreased by 18% month-on-month; second, net inflows into commodity ETFs hit a nearly 3-month high; third... and so on. Meanwhile, traditional finance is still telling stories through technical analysis—why not look on-chain?
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ConfusedWhale
· 10h ago
Are commodities making a comeback? Palm oil is rallying, following soybean oil. Is there really a chance this time, or are we just getting chopped again...
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DeFiVeteran
· 10h ago
Palm oil drives soybean oil to take off, why is the macro shift happening so quickly? Sounds like another round of hype.
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gas_fee_trauma
· 10h ago
Palm oil has driven up... soybean oil can probably stay alive for a while longer.
Soybean oil is making gains on the back of rising Malaysian palm oil futures. The upward movement in palm oil contracts is pushing broader oilseed complex higher, signaling renewed appetite for commodity exposure amid shifting macro conditions.