Core Viewpoint - The Chicago Board of Trade (CBOT) soybean oil futures are experiencing fluctuations, with a slight increase in price observed on November 25, 2023, indicating a stable market environment for soybean oil [1] Market Overview - On November 25, 2023, CBOT soybean oil futures opened at 50.40 cents per pound and are currently at 50.50 cents per pound, reflecting a 0.04% increase. The intraday high reached 50.51 cents per pound, while the low was 50.32 cents per pound [1] - On November 24, 2023, the closing price for soybean oil was 50.50 cents per pound, down by 0.06% from the previous day, with an opening price of 50.61 cents per pound, a high of 50.78 cents per pound, and a low of 49.78 cents per pound [1] Price Movements - On November 24, 2023, the C&F price for Argentine soybean oil (December shipment) was $1,170 per ton, an increase of $2 per ton compared to the previous trading day. Conversely, the C&F price for Argentine soybean oil (February shipment) was $1,158 per ton, a decrease of $3 per ton from the previous day [1] Production Data - From November 15 to November 21, 2023, the weekly production of crude soybean oil in key regions of the country was 443,536 tons, representing a 12.36% increase from the previous week and a 20.10% increase year-on-year [1] - On November 24, 2023, the transaction volume for first-grade soybean oil was 3,400 tons, which is a 37.04% decrease compared to the previous trading day [1]