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Futures prices point to an imminent oversupply in the oil market, but active cash market buyers briefly supported prices; the short-term energy outlook sees crude oil inventories increasing in 25 years, putting long-term downward pressure on oil prices > >
Gold Ten Futures, July 10, according to foreign media reports, Chicago Board of Trade (CBOT) soybean futures weakened sharply on Tuesday, continuing to hit a new low since November 2020, traders said, due to weak demand, poor squeezing profits and global oversupply. The most actively traded November soybean futures contract settled at $10.80 per bushel, closing below the psychological threshold of $11. Rain from Hurricane "Beryl" is expected to provide beneficial moisture for crop growth in the ...
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