Oilseeds Spot Price Trends in China
By CnAgri2012-11-19 11:24:03
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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 went on decreasing last week. The terminal trend of soybean oil continued gloom because of the high stock and low demand. soybean temporary storage policy may support the oil to some extent and the low trend of soybean oil will continue in the short period. (Figure 6 and Figure 7)
Rapeseed Oil: Rapeseed oil price went on through slight decrease last week. It is predicted that rapeseed oil price trend will go down, affected by imported rapeseed and rapeseed oil. (Figure 7)
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