The price of soybean oil will not increase at present.
The current price of grain and oil has basically tended to be stable.
The rise in edible oil prices is caused by, first, the increase in oil crop prices, and second, the psychological pressure on people to buy and accumulate due to rising prices. This year's price rise is a general one, with prices ranging from petroleum products to building materials all rising sharply, and other commodities, especially food, also rising sharply. Grain and oil prices started to rise in late October, but the magnitude was about 10%. The increase in grain and oil prices does not indicate a shortage of supply and is a relatively normal price increase.