US spot edible oil prices little changed in dull trade

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US spot edible oil prices little changed in dull trade

Fastmarkets' basis assessments for soybean oil, crude/de-gummed, fob central Illinois and US Gulf were steady. 

July soybean oil futures in Chicago ended the Tuesday session little changed, which left outright prices virtually unmoved on the day.

Soybean oil futures chopped around again before closing relatively flat due to a lack of fresh fundamental news. July soy oil futures settled at $0.4367 per lb on Tuesday, up by just 1 basis point from $0.4366 per lb on Monday June 10.

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