National Grain & Oil Wholesale Price

By CnAgri2012-12-10 11:07:30 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 this week. It is predicted that soybean oil price shall see priority with the start of stocking for New year and Spring Festival and the bottom support of soybean temporary storage price for soybean oil. (Figure 6 and Figure 7)
 
Rapeseed Oil: Rapeseed oil price went through an increase this week. Autumn rapeseed purchasing went well and purchasing price played great supports to rapeseed oil cost. Stabilization of oil market is obvious. It is predicted that rapeseed oil price will go up. (Figure 7)



Shelled Peanuts and Peanut Oil: Shelled peanut price increased slightly and peanut oil price remained stable this week. It is estimated that shelled peanut price shall increase with fluctuation and peanut oil price shall remain stable later. (Figure 8 & Figure 9)

         
      

From “China Oil and Oilseeds Market Weekly Report”