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On May 25th, Wednesday, the CBOT (Chicago Board of Trade) soybean oil futures market closed moderately higher, with the benchmark contract up 0.50%, following the upward trend in external markets. Traders said that strong palm oil futures in Malaysia and international crude oil futures reaching a one-month high boosted bullish sentiment in the soybean oil market. On Wednesday, the estimated trading volume for soybean oil futures was 104,904 contracts, down from 124,818 contracts the previous trading day. Open interest was 541,400 contracts, compared to 539,227 contracts the previous day.
