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Spot Price Trends of Soybean Oil and Rapeseed Oil

China Agriculture Report By CnAgri2013-06-20 14:09:19China Agriculture Report Print
Keywords:Spot Price Trends
Soybean Oil: Soybean oil price decreased this week. Soybean oil stocks stabilized and were predicted to go up significantly later with increase of operating rate of domestic oil plants.  In addition, soybean oil sale performs not well in slack season. So, domestic oil market will keep the trend of oversupplying. It is predicted soybean oil price shall go down in short terms. (Figure 6 and Figure 7)
 
Rapeseed Oil: rapeseed oil price declined slightly this week and is predicted to go steady later. (Figure 7)

       

From “China Oil and Oilseeds Market Weekly Report”
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