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Buy Bean Oil as China Resumes Soybean Purchases
Yahoo Financeยท 2025-11-19 15:13
March soybean oil (ZLH26) futures present a buying opportunity on more price strength. See on the daily bar chart for March soybean oil futures that prices are trending higher and this week hit a two-month high. See, too, at the bottom of the chart that the moving average convergence divergence indicator is in a bullish posture, as the blue MACD line is above the red trigger line and both lines are trending up. The bean oil bulls have the near-term technical advantage. More News from Barchart Fundamenta ...