Soybean oil directly sold by soybean oil manufacturers is generally very cheap. The futures market price of soybean oil continued to fall. When the price of soybean oil futures market continues to fall, soybean oil manufacturers will sell soybean oil in warehouses at low prices in order to avoid risks, thus reducing inventory.
If the price of soybean oil raw materials is reduced, soybean oil manufacturers will also reduce the price of soybean oil accordingly. Because soybean oil manufacturers generally take the sales route of small profits but quick turnover.
When soybean oil manufacturers have a large stock, they will also make corresponding price adjustments in order to clear the stock.