# December Soybean Oil Futures » Trilateral Inc.

> Trilateral's technical commentary says soybean oil prices are in the 15th percentile of the last ten years and that the prior downtrend has ended. It cites African swine fever in Southeast Asia pressuring meal demand and rising Chinese soyoil imports.

- Date: 2019-10-22 · published 2019-10-22T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/56662-december-soybean-oil-futures-trilateral-inc
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Low stocks-to-use for world edible oils and strong Chinese soyoil imports support prices, though the analysis is technical and not a new supply event.

## Read by commodity

- SBM: bearish ▼
- SBO: bullish ▲

## Sources

- trilatinc.com: https://www.trilatinc.com/december-soybean-oil-futures/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.