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Soybean Oil Pricing Report

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The price of soybean oil in the United States for Q4 2023 reached $951/MT in December. Multiple factors impacted the price of soybean oil in the Netherlands during the final quarter of 2023. Initially, an excess supply in the local market resulted in a surplus of trade, prompting merchants to engage in discounted trading to reduce their inventory. https://www.imarcgroup.com/soybean-oil-pricing-report

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