Soybean Oil: Last week USDA published the latest supply & demand report in June, America new soybean output had not changed but the store data declined by accident. However this report was not accepted by the market, international soybean oil condition was still weak. Thus BOABC predicted that domestic soybean oil market both in and out home will still keep weakness. (Figure 6)

Shelled Peanuts and Peanut Oil: This week, the average price of shelled peanuts was the same as last week. Recently peanut selling and purchasing is weak, and most of enterprises hold wait – and – see attitude. Moreover farmers also have not begun sale. Thus it predicted that domestic shelled peanut price will continue keep stable. (Fig 8 & Fig 9)










From “China Oil and Oilseeds Market Weekly Report”