HomeSoybean Oil Spot

Trade Soybean Oil Spot CFD

64.12+0.79%
The chart shows the Soybean Oil price data over the last 1 day, with a current price of 64.16, a high of 64.34, and a low of 63.62.
Low: 63.62High: 64.34
Sellers:
18.75%
Buyers:
81.25%
Past performance is not a reliable indicator of future results. Share prices are indicative and may differ from live market prices.
Trading Conditions
Type
This financial market is available for CFD trading.
Learn more about:CFDs
CFD
Spread0.04
Long position overnight funding adjustment
Long position overnight funding adjustment

Margin. Your investment
$1,000.00
Overnight funding adjustment
Charges from full value of position
-0.01096 %
(-$0.55)

Trade size with leverage ~ $5,000.00

Money from leverage ~ $$4,000.00


-0.01096%
Short position overnight funding adjustment
Short position overnight funding adjustment

Margin. Your investment
$1,000.00
Overnight funding adjustment
Charges from full value of position
-0.01096 %
(-$0.55)

Trade size with leverage ~ $5,000.00

Money from leverage ~ $$4,000.00


-0.01096%
Overnight funding adjustment time22:00 (UTC)
CurrencyUSD
Min traded quantity1
Margin20.00%
Stock exchange
Commission on trade10%
Guaranteed stop premium
A guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.
0.1%

1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information

Trade Soybean Oil Spot

Price constructed using front two months of Soybean Oil futures.

Each day at 19:19:55 UTC, the undated commodity price is adjusted to reflect the difference between the settlement price of front- and back-month futures. At the same time, a matching cash adjustment is applied — ensuring the overall position remains neutral as the roll progresses. This cash adjustment is fully offset by the running profit or loss on the position.

Perhaps one of the most-consumed cooking oils, soybean oil is common in everything from paints to insect repellents. The extraction of soybean oil from the cracked soybeans takes place in low heat, with the left over residue ground up into soybean meal for animal feed. On average, around 30-33 million tons of soybean oil is produced annually worldwide. The Chicago Board of Trade has soybean oil contracts that trade at 60,000 lbs at a time.

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