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Markets

Soybeans set for fifth week of gains on crude oil rally

  • Chicago soybeans ticked up on Friday, heading for a fifth straight weekly gain
Published Updated
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SINGAPORE: Chicago soybeans ticked up on Friday, heading for a fifth straight weekly gain, on a rally in crude oil prices amid the Iran conflict and expectations of stronger Chinese demand.

Wheat inched higher, but the market is set to end the week in negative territory on improved US crop weather and plentiful world supplies.

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