Soybean Oil Price Rebounded During Spring Festival

By CnAgri2014-02-13 09:30:01 Print

Soybean Oil: soybean oil price increased slightly this week. During Spring Festival, CBOT soybean and soybean oil rebounded in outer disk, which brought price increase of domestic soybean oil in some areas. But lack of favorable fundamentals, its price is hard to increase. BOABC predicts domestic soybean oil market shall in general remain weak. (Figure 6 and Figure 7)





From “China Oil and Oilseeds Market Weekly Report”