US Soybean Oil Futures - Jan 16 (ZLF6)

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29.15 -0.06    -0.21%
27/11 - Closed. Currency in USD ( Disclaimer )
Type: Commodity
Group: Agriculture
Unit: 1 Pound

  • Prev. Close: 29.21
  • Open: 29.18
  • Day's Range: 29.08 - 29.42
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US Soybean Oil 29.15 -0.06 -0.21%
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US Soybean Oil Overview

Prev. Close29.21
MonthJan 16
Tick Size0.0001
Contract Size60,000 Lbs.
Tick Value6
Day's Range29.08 - 29.42
Settlement TypePhysical
Base SymbolZL (BO)
52 wk Range25.38 - 35.28
Last Trading Day12/30/2015
1-Year Return-13.42%
Point Value1 = $600

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Latest US Soybean Oil Comments

Marcello Cultrera
Marcello Cultrera Nov 17, 2015 2:08AM GMT
Sunil 29/32 by Q4 2016, Soya Oil shows quite remarkable promise and winning market share from all other edible oils as rapeseed Oil and Crude Palm Oil - this thanks as well to USD strength on South American markets and with India and China buying aggressively. . On the demand side, soya oil is gaining demand from sun oil consumers who are price conscious. ***oil is also at a premium to soya oil. . Soya oil has been gaining market share from palm in the crucially important Indian market. . India’s imports have soared by almost 50% in the last 5 years. Crude Palm Oil tonnages have increased by only 25% since 2011/2012 - while soya oil has recorded an increase of over 370%. . Soya oil imports will take market share from every other oil as its very attractively priced. . Soya Oil is the Must Own oil of 2016 with Crude Palm Oil. . Get in touch if you're interested on research and arbitrage/correlation trading opportunities to Crude Palm Oil and rapeseed oil and Biodiesel/ Biofuels markets.
sunil n Bhat
sunil n Bhat Nov 13, 2015 10:09AM GMT
what is soyaoil outlook please ?
sunil n Bhat
sunil n Bhat Nov 02, 2015 2:24PM GMT
Astro calculation is wrong ..
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