The Midwest cash soybean oil market was fairly quiet again on Thursday. Interior supply is still said to be snug, with demand from the biofuels sector also remaining lackluster, trading sources said. Crude-degummed soybean oil into the Gulf was talked in a bid-and-ask range of 5.75-6.75 cents, down from 6-7 cents a week earlier.

In the Northeast, more solid demand from the food and manufacturing industries kept basis for refined, bleached, and deoderized (RBD) soy oil well supported at robust levels. Indications for the fourth quarter of this year were eyed at 14-15 cents and perhaps a bit higher.

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