Soybean Oil: Last week MOA published monthly report, although there were little changes among data, the huge supply pressure will continue suppress market. Recently soybean arrival quantity declines thus domestic soybean oil price increase. All in all under this loose condition, domestic soybean oil may still fluctuate slightly.

Rapeseed Oil: Recently rapeseed oil condition is stable, and spot goods price is the same as last week. Influenced by quality supervision, auction speed is slowly. Meanwhile the whole oilseed market is overcapacity, thus rapeseed oil price will operate weakly. 













From “China Oil and Oilseeds Market Weekly Report”