Changes in Prices in Vegetable Oil and Protein Meal in August

(1) Vegitable oil prices went up
 
Soybean oil prices up to 6,893 RMB/MT from 6,306 RMB/MT; palm oil prices up to 6,267 RMB/MT from 5,900 RMB/MT; rapeseed oil prices up to 9,210 RMB/MT from 9,090 RMB/MT; cottonseed oil prices up to 5,009 RMB/MT from 4,945 RMB/MT; peanut oil price down to 17,800 RMB/MT from 17,773  RMB/MT.
 (2) Both prices of Soybean meal and rapeseed meal Decreased Sharply
In August, soybean meal prices up to 3,013 RMB/MT from 3,103 RMB/MT; the meal extracted from imports rapeseed prices up to 2,293 RMB/MT from 2,377 RMB/MT.