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How much is soybean oil now? Will it go up again? Latest price of soybean oil in the second half of 2022
Usually when you cook at home, you basically use cooking oil. There are many kinds of cooking oil, such as soybean oil, rapeseed oil, sunflower oil, peanut oil, olive oil and corn oil.

Judging from the recent overall edible oil market in China, the prices of many different types of edible oil have ushered in a downward trend, and soybean oil, as a long-term edible vegetable oil variety, is now how much a catty? Will the price of soybean oil rise or fall in the second half of 2022? Let's take a brief look.

What is the price of soybean oil now?

5 yuan, a catty of soybean oil in Jiuyuan District, Baotou City, Inner Mongolia; Soybean oil in Lindian County, Daqing City, Heilongjiang Province is 5.47 yuan a catty; 6 yuan, a catty of soybean oil in Tongjiang City, Jiamusi City, Heilongjiang Province; 6.9 Jin Yuan of Soybean Oil in Funing County, Yancheng City, Jiangsu Province; Soybean oil in Jiyang District, Jinan City, Shandong Province is 7.25 yuan a catty; 5.3 yuan, Nanhai District, Foshan City, Guangdong Province, a catty of soybean oil; 5.4 Jin Yuan of Soybean Oil in Wudang District, Guiyang City, Guizhou Province; Soybean oil in Yunyan District, Guiyang City, Guizhou Province is 6.25 yuan a catty; Soybean oil in Chenggong District, Kunming City, Yunnan Province is 5.25 yuan a catty.

Remarks: The prices of soybean oil in some areas above are quoted by Huinong. Not from the retail market. Because the price of soybean oil is influenced by many factors such as origin, processing method and quality, it is for your reference only.

Will the price of soybean oil rise or fall in the second half of 2022?

Judging from the price trend of soybean oil in the first half of this year, the upward trend is still very obvious, and the increase is much higher than last year, especially in March and June.

The overall trend in the first half of the year is to continue the high operation last year.

It's the second half of the year. We should know that the price trend of soybean oil is not only influenced by domestic factors, but also by international market factors.

It is reported that the planting area of American soybeans has increased this year, and the pattern of high yield of soybeans has basically been set; Domestic palm oil arrival in Hong Kong may increase, and the fundamental support of palm oil will gradually weaken.

At present, it is expected that the relationship between supply and demand in the domestic soybean oil market will show a weak supply and strong demand in the second half of the year, and the price of soybean oil may be expected to rise in stages.

In autumn and winter, the demand for oil and fat rebounded, and the accumulation rate of soybean oil slowed down.

Generally speaking, although the trend of soybean oil price in the second half of the year is difficult to rise as it did in the first half of the year, it is expected that the overall price will still fluctuate at a high level under the expectation of high soybean cost in the United States and improved oil demand at home and abroad.

The difference between squeezing soybean oil and leaching soybean oil

1, different processing methods

Squeezing is a widely used oil squeezing method in China at present, that is, the substances that need to be squeezed are squeezed out.

Leaching is the separation of oil from soybean by solvent.

2, the oil yield is different

Because of different production processes, the oil yield of soybean oil is naturally different from that of soybean oil extracted, and the oil yield of soybean oil extracted is higher.

3. The smoke point is different.

The smoke point of pressed soybean oil is generally 166 degrees Celsius, while that of extracted soybean oil is 175 degrees Celsius. Refining conditions are higher than soybean oil, so the purity is higher.

Is the grade of soybean oil first class or third class?

From the health point of view, the first grade is better, because there are fewer impurities in the first grade soybean oil and the color is clearer.

However, the higher the grade of edible oil, the better, because the higher the grade of edible oil, the more nutrients are lost, while the lower the grade of edible oil, the better the nutrients are often retained.

Judging from the taste, the first-grade oil is salad oil, which is suitable for cold salad and salad.

Light taste, less cooking smoke.

Tertiary oil is suitable for cooking and frying food.

Original flavor, original flavor and rich nutrition.

Friends who don't like the smell of soybean oil can choose first-class oil, and friends who like the smell of soybean oil can choose third-class and fourth-class oil.

Generally speaking, the price of soybean oil is influenced by many factors in the domestic market and the international market. You can collect all aspects to see the overall trend of soybean oil.

At present, the domestic soybean oil market is weak and volatile in the third quarter, and the fundamental situation has not changed much. However, the continuous low number of soybeans arriving in Hong Kong and the continuous interest rate hike by the Federal Reserve will have a certain impact on the market. Welcome to continue collecting!