Spot Price Trends in China

By CnAgri2012-10-24 18:00:56 Print

According to BOABC price monitoring data on Monday, the following is the analysis on wholesale prices of the national grain & oil wholesale markets.

Soybean Oil: Soybean oil price increased slightly last week. Because the stock was at high level, demand at terminal market was weak and many traders took a wait-and-see attitude, sales were not good. It is expected soybean oil price shall fluctuate down later.

Rapeseed Oil: Rapeseed oil price declined slight last week. Rapeseed oil is expected to go down in the fourth quarter of the year due to the influences of rapeseed.

From “China Oil and Oilseeds Market Weekly Report”