What does the s in s-oil mean?

The letter s in this noun stands for soybean.

S-oil soybean oil futures soybean oil futures introduction: soybean oil futures refers to the second commodity futures variety approved in 2006. Soybean oil is edible and used in industry and medicine.

S-oil soybean oil futures, the second commodity futures product approved in 2006, was officially listed on Dalian Commodity Exchange on June 9, 2006.

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