Soybean oil shock rebound

Dalian soybean oil futures opened lower and consolidated last week, followed by a rebound and eventually rose. One of the main 1105 contract opened 7984 yuan / ton, the highest 8074 yuan / ton, the lowest 7896 yuan / ton, closing 8068 yuan / ton, up 84 yuan or 1.05%. Affected by the increase in the surrounding market, soybean oil prices continued to rebound, and market buying sentiment rebounded. At present, US soybeans oscillate at 1,000 cents, and the overall market direction is uncertain. Dalian soybean oil may be dominated by shocks in the short term, waiting for directions.

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