A look at palm oil…

…And Soybean oil

What is Driving these two “oils” higher is the question.Bloomberg Saying Optimism regarding US/china trade deals as China said they could buy $20b of Ags during phase 1 deal, Renewable fuel standard Spat with EPA also playing a roll, The India/Malaysia palm oil trade spat that may Drive business to other countries then Malaysia I would think bearish for Malaysian Palm prices. One other thought an Unwind of A Short Soy Crush trade ongoing.. take a look below
