On January 10th, Chicago Board of Trade (CBOT) soybean market closed up, main due to crude oil market strong.
At the closed, CBOT soybean oil rose between 0.19 cents to 0.31 cents, which in March contract rose 0.31 cents, to closed at 57.13 cents per pound; May contract rose 0.31 cents, to closed at 57.53 cents per pound; July contract rose 0.31 cents, to closed at 57.75 cents per pound. peeling machine
Analysts said the international crude oil futures go to strength, U.S. dollar weaker, Argentinean soybean producing areas' weather was worrying, all to supported the soybean oil prices.
Speculative funds bought 2,000 contracts.
On January 10th, New York Futures Exchange's crude oil futures market closed up, main due to Alyeska Pipeline Company's Trans-Alaska oil pipeline shut down, market worried about oil supplies. At the Closed, the light crude oil contract that delivery on February increased $ 1.22, to close at $ 89.25 per barrel. peeling machine
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