Spot Price of Soybean Oil and Rapeseed Oil This Week

By CnAgri2013-01-23 10:55:41 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 stopped decreasing this week. Influenced by drought in Argentina, international soybean oil price goes up, which will promote domestic price. But price shall change less before Spring Festival and keep stable. (Figure 6 and Figure 7)
 
 
Rapeseed Oil: rapeseed oil price went stable with slight increase this week. Supported by cost of raw materials, rapeseed oil price is predicted to keep stable or fluctuate with increase. (Figure 7)
 

From “China Oil and Oilseeds Market Weekly Report”