Bean Oil Tumbles on Global Market Route

Bean oil prices tumbled on Monday morning test lows now seen since the financial crisis in 2008. Prices tumbled down to 25 cents per pound following all riskier assets which tumbled following a decline in Chinese stocks of more than 8%.  Chinese stocks declined 11% last week and in the past 6-trading session have been lower by 19%.  Hedge fund trades added to short position and long position in futures and options in…