date:Dec 08, 2015
ch soyoil has the potential to test the 32.50-32.65 cents-a-pound area.
Volatility ahead
In fact, the contract touched 32.54 cents a pound earlier, a gain of 0.9% and a four-month high, before easing back to 32.38 cents a pound a gain of 0.4%.
The better-traded January lot fell back from a four-month high of 32.37 cents a pound to stand at 32.14 cents a pound, also a gain of 0.2%.
And price movement looks set to remain a feature for now.
The House and Senate are not expected to vote on biof