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Does the domestic soybean oil futures market follow the US soybean oil?
Not with. The domestic soybean oil futures market does not follow the US soybean oil. Because the proportion of industrial consumption in domestic soybean oil is low, and edible consumption is the main consumption composition, the price of domestic soybean oil is weaker than that of American soybean oil in the early stage; However, with the gradual completion of domestic vegetable oil destocking, domestic soybean oil consumption is expected to improve in the later period, and the domestic soybean oil price performance is expected to gradually stabilize and return to the upward trend.