The application of vegetable oil is becoming more and more popular. China imports a large amount of biodiesel from abroad every year, and it is on the rise. The current international oil price has also caused a big blow to vegetable oil, because the production cost of vegetable oil is not low, if the oil price continues to fall. Then the production of vegetable oil will be unsustainable.

Crude oil price not only affects the passion of shale gas producers, but also affects the passion of vegetable oil price to a great extent. It's hard to say who will win in the end, it depends on who can hold out to the end.

If the price of vegetable oil continues to fall, the demand for agricultural products used to produce vegetable oil will inevitably decrease. Therefore, taking soybeans as an example, in the futures market, the demand for soybeans decreases, and the futures price of soybeans will inevitably fall. If investors pay attention to this news, they will definitely think of it here.