No, the state has put the national reserve oil into the market one after another to stabilize the market demand, and the relevant state departments subsidize the relevant edible oil production enterprises, ceiling price; In addition, from June 18, the export tax rebate for edible oil was cancelled, which inhibited the export of domestic oil plants and increased domestic supply. At the end of July, the national standard first-class soybean oil price dropped to 1 10,000-10.02 million yuan/ton, and further dropped to 9,200-9,300 yuan/ton in early August, down 2,600 yuan/ton or 22% from the end of June. At present, the domestic soybean oil market price has dropped to the level of 10 last year. The decline in international soybean and soybean oil futures led to the downward adjustment of soybean and soybean oil prices. In addition, according to the data released by the General Administration of Customs of China, in June, China imported more than 3.6 million tons of soybeans to Hong Kong, and the market predicted that the arrival of soybeans in July and August would also reach about 3.2 million to 3.5 million tons. Due to the relatively concentrated arrival of raw materials in Hong Kong, oil plants are constantly producing under the pressure of storage capacity, and the spot supply in the market is sufficient and the price is loose.