Mingwan. com Time: June 65438+1October 65438+March 10: 06 Source: China Business News.

Editor's Note: The decline in domestic soybean oil prices is directly related to the decline in futures prices. Affected by the financial crisis, the soybean oil futures market of Chicago Mercantile Exchange, which is closely related to the domestic spot market, fell sharply. Affected by the downward trend of soybean oil futures prices in the United States, coupled with the decline in the support of holiday consumption for the edible oil market, domestic soybean oil prices began to fall across the board.

The author learned from Yuquan Road Market, a professional grain and oil wholesale market in Beijing, that compared with before the National Day, the current bulk first-grade soybean oil has been reduced from 8,800 yuan per ton in September to 8,200 yuan, down to 600 yuan, with a decrease of 6.82%; The wholesale price of bulk palm oil (18 degree) has also been lowered from 7,400 yuan per ton in September to 6,800 yuan at present, and 600 yuan has lowered it by 8. 1 1%.

Small packages of edible oil followed closely. Among them, the wholesale price of "Arowana" soybean oil per box (5L×4 barrels, the same below) was 193 yuan, which was 2.53% lower than that before the festival; "Lubao" soybean oil is 2 10 yuan per case, which is 4.55% lower than that before the festival: "Firebird".

At present, the price of bulk first-class soybean oil in the market has fallen below the level in 2007, which is basically the same as before the price increase in May 2007.

The decline in domestic soybean oil prices is directly related to the decline in futures prices. Affected by the financial crisis, the soybean oil futures market of Chicago Mercantile Exchange, which is closely related to the domestic spot market, fell sharply. At the same time, the National Cereals and Oils Information Center predicts that China's soybean output will be17.5 million tons in 2008, an increase of 4.77 million tons or 37.52% compared with12.73 million tons in 2007. The person in charge of Yuquan Road Market Information Department believes that the increase of domestic soybean production will further alleviate the passive situation that China's soybean oil raw materials mainly rely on imports, and add weight to the stability of domestic soybeans and soybean oil markets.

Author: Bian Changyong