Soy Oil Market Shows First Sign of Optimism on US Trade to India

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US soybean oil futures rise after President Trump announces a trade deal with India, indicating optimism in the market.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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US soybean oil futures climbed on Tuesday after President Donald Trump unexpectedly announced a trade deal with India, in a sign of optimism that a truce could open the way for billions of dollars of American products to hit the world’s most populous nation.

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Original article published by Bloomberg on February 3, 2026.
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