The frequent price cuts in edible oils are due to the convergence of Chinese edible oils with international standards. "Since the Mid-Autumn Festival, the raw material prices of edible oil have been going down." The fall in international crude oil, soybean and plastic prices is the main reason for the decline in the cost of edible oil. It is understood that in March and April this year, soybean oil futures had risen to more than 11,000 yuan per ton, the wholesale price of soybean oil also followed a since the road soared, up to had reached 8.2 yuan per catty. However, since then it has been all the way back, since July is a plunge.

According to the grain and oil feed market aspects, this is not fixed, change at any time. You want to the world grain warehouse soybean oil price aspects of the impact of the following main points will affect the price of soybean oil, the first: changes in U.S. beans will also affect soybean oil, the second: U.S. stocks, the third: crude oil, the fourth: changes in the U.S. dollar will also affect the soybean oil futures, and even some of the country's temporary policy aspects of the factors, will also affect soybean oil.