Soybean oil is an edible oil obtained by extracting or pressing the seeds of soybeans. Soybean oil is the basis for the industrial production of countless edible & table oils, margarine varieties as well as baking & deep-frying fats. Oil refining also yields lecithin, which is used as an emulsifier and stabilizer, and as a humectant and binder in almost all industrially produced foods, from chocolate and ice cream to pastries and meat products.
Trade data on Soybean oil
Product symbol: BO
Trade: CME GROUP (CME Globex, Open Outcry / Chicago)
Contract size: 60000 pounds
Trade price: Cents per pound
Minimum trade movement: 0.01 Cent per pound
Under no circumstances should this information be construed as legal, tax or securities advice. All data is for personal use only. When compiling the data and reproducing information, LV Asset Management AG proceeds with the greatest possible care, but points out that all statements and information made are completely non-binding and without guarantee.
The information presented in no way represents a recommendation, an offer or an invitation to purchase financial products or an invitation to make such an offer. Potential investors should independently check and assess the information available and have the chances of profit of their investment checked by a neutral body – such as the house bank.
Options and futures are complex investment instruments that typically involve a high degree of risk and are only suitable for investors who understand and accept the risk involved. The detailed conditions can be seen in the account opening application. The option speculations brokered by LV Asset Management AG include a maximum risk of loss of 100 percent of the invested capital; an obligation to make additional payments is excluded. The futures speculation brokered by LV Asset Management AG involves an unlimited risk of loss; an obligation to make additional payments is not excluded.
LV Asset Management AG assumes no liability whatsoever for losses resulting from trust in the data and information published here.