Soybean Oil: This week, soybean oil price declined. By 8 August, soybean commerce inventory was 1.3043 MT, increased by 0.53% compared with 1.2974 MT in the same period of last week, and up 259,900 tons by 24.89% compared with 1.0444 MT in the same period of last year. It predicted that soybean oil will keep will. (Figure 6 and Figure 7)


 

Rapeseed Oil: This week, rapeseed oil price was stable. Rapeseed oil supply increased, and the oil inventory was more, but the oil consumption was limited, and the oversupply condition was serious, meanwhile, imported rapeseed oil and crushing rapeseed oil came into market, they had an obvious price advantage, and its inventory was more. It predicted that rapeseed oil will fluctuate weakly. (Figure 6)