Soybean Oil (ZL) Futures

$40.36

0.06[0.15%]

as of 2024-12-31

A soybean oil futures contract generally includes 60,000 pounds of raw oil.

Soybean oil is used in paints, plastics, cleansers and a host of food products.

Yes, businesses can use soybean oil futures to prevent losses due to inflation.

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