Bulk edible oil prices fell after rising. Companies are actively organizing supply, and may still fall in the near future. After a period of continuous rise, edible oil prices have fallen. On the 15th, monitoring by the Municipal Price Monitoring Center showed that both the wholesale and retail prices of bulk edible oil in urban areas fell this week, with the wholesale price falling by 6%. It is expected that edible oil prices will still fall slightly in the near future. Current monitoring data on the price decline of bulk edible oil show that this week, the price of bulk edible oil in urban areas is stable and trending downward. The wholesale prices of rapeseed oil and soybean oil (first-grade bulk) are both around 7.80 yuan per catty, which is lower than last week's per catty. The retail price of bulk rapeseed oil and soybean oil was 8.30 yuan per catty, down 2% from 8.50 yuan per catty last week. The price of barreled cooking oil in supermarkets is basically stable. Fulinmen soybean blended oil (first-level barrel) is 64.50 yuan/5 liters, and Luhua barreled peanut oil (first-level pressing) is 129 yuan/5 liters. The price is the same as last week. flat. It is understood that bulk rapeseed oil in urban areas is mainly purchased locally, and bulk soybean oil is mainly transported from Shandong and other places. Yesterday, at the Zhuhai Grain and Oil Store on Dongfeng Road in the urban area, a shopkeeper named He said that in recent days, the price of bulk oil has dropped a little, by about 0.2 yuan per catty, and salad oil has dropped from 8.5 yuan per catty to 8. Yuan, the largest decline. After the prices of barreled cooking oil in supermarkets such as Urban Times, Century Lianhua, and Suguo were raised at the beginning of this month, prices have remained stable this week. Analysis of comprehensive adjustment factors On March 5, the National Development and Reform Commission and the State Grain Administration issued a notice requiring all localities to correctly understand the current edible vegetable oil market situation and guide enterprises to do a good job in the production, sales and supply of edible oil. In addition, with the approval of the State Council, the implementation period of the 2008 1% temporary import tariff on soybeans was extended from March 31 to September 30, which greatly reduced the cost of soybean imports and curbed the rise in vegetable oil prices. At the same time, the state has increased agricultural subsidies, strictly controlled the price increases of agricultural inputs, and vigorously supported oilseed planting. These measures have significantly increased the planting area of ??soybeans and rapeseed. Market adjustment factors are: in the early stage, imported soybeans and soybean oil were mostly used for national reserves, which caused domestic oil plants to suspend or delay production on a large scale, exacerbating the tight domestic soybean oil supply and rising prices. Nowadays, national reserves are basically sufficient, raw materials for oil mills have been effectively replenished, and the relationship between domestic soybean oil supply and demand has gradually eased. In addition, the increase in palm oil production in Southeast Asia and the increase in soybean production in South America have caused the international futures soybean oil price to continue to fall. The current international futures soybean oil price (equivalent to RMB) is 10,820 yuan per ton, which is a decrease of 8.1% compared to last week's 11,768 yuan per ton. The domestic market has a greater impact. For barreled edible oil sold in major supermarkets in the urban area, the municipal price department has launched temporary price intervention measures, monitoring edible oil prices daily, strictly controlling the wholesale and retail price differences of edible oil, seriously investigating and punishing illegal price increases, and maintaining the stability of the edible oil market. The recent price trend is stable and declining. Affected by the rising international soybean oil prices, coupled with the shortage of raw materials such as rapeseed, the wholesale price of bulk edible oil in our city has been raised since late February, driving up the retail price and providing barreled edible oil. This brought great pressure and once caused some bottled brands of soybean oil to be out of stock in supermarkets. A person in charge of the City Shouxing Vegetable Oil Co., Ltd. surnamed Du said that the price of rapeseed and other raw materials has dropped recently, from 3.20 yuan to 3.15 yuan per catty. The person in charge of the edible oil counter at the Urban Times Super Shopping Center said that at present, peanut oil and blended oil from brands such as Luhua, Fulinmen, and Arowana are in sufficient supply to ensure daily supply. In response to the tense situation of soybean oil, supermarkets have organized a batch of barreled soybean oil supplies and will put them on the market in the near future. The reporter also learned from the Municipal Grain Bureau that the municipal grain department is currently actively organizing supply sources and increasing the amount of edible oil put on the market to ensure that the market supply is not out of stock and is not out of stock. According to the prediction of the Municipal Price Monitoring Center, with the further implementation of national macro-control measures, the market purchase price will decrease and the supply will increase. In the near future, the price of edible oil in our city will still fall slightly.
Xia Fan, secretary-general of the Agricultural Industry Chamber of Commerce of the All-China Federation of Industry and Commerce, told a China Times reporter: "Soybeans have been controlled by multinational companies. This is a problem of the entire industrial chain, involving soybean planting, processing and many other links. Soybean prices are rising. , It’s not accidental.” Ma Wenfeng, an agricultural consultant at Oriental IGE, told reporters that my country relies on imports of soybeans, with a scale of more than 40 million tons, accounting for more than 70% of the total domestic demand. The greatest reliance is on U.S. soybeans. Four multinational companies, ADM, Bunge, Cargill and Louis Dreyfus, have monopolized 80% of my country’s imported soybean resources. "Due to limited arable land resources in the northeastern provinces, Shandong, Henan and other major domestic production areas, many farmers have switched to corn, cotton and other crops. Domestic soybean production has been declining." People familiar with the matter revealed that currently, including soybean oil, Due to cost pressure, edible oil manufacturers in China have applied to relevant departments to adjust ex-factory prices, but the specific increase and price adjustment time have not yet been finalized. The reporter learned from a well-known domestic edible oil manufacturer that it is estimated that in the next month, the prices of other edible oils except peanut oil will increase again. There is also news that the current approved retail prices of first-line brands of 5-liter soybean oil, blended oil and corn oil are around 55 yuan, 75 yuan and 85 yuan respectively, while the manufacturers’ target price adjustments are 65 yuan and 85 yuan respectively. yuan and 95 yuan.