Jiangsu soybean oil and palm oil prices continue to fall

According to market monitoring, prices of Jiangsu soybean oil and palm oil continued to fall last week.

Soybean oil: Level 1 soybean oil in the Zhangjiagang region was 10,350 yuan/ton, grade 4 soybean oil was 10,250 yuan/ton, down 260 yuan/ton; Zhenjiang district oil plant grade soybean oil was 10,200 yuan/ton, down by 400 yuan/ton; Nantong soybean oil 10250, down 350 yuan/ton; Yizheng first soybean oil factory price 10,200 yuan/ton, down 350 yuan/

Rapeseed oil: The Jiangsu vegetable oil market has a total of Zhang. The fourth-grade rapeseed oil in Nanjing was offered at a factory price of RMB 10,000/ton, which was flat. Wuxi four grade vegetable oil ex-factory price 10,500 yuan / ton, unchanged. Suzhou vegetable oil factory quoted at 9900 yuan / ton, unchanged. Taizhou processing enterprises ex-factory price 11400 yuan / ton, unchanged. Yanzhou City, an oil plant four canola oil offer 10,000 yuan / ton, up 200 yuan / ton. A four-stage rapeseed oil from a certain oil plant in Nantong was reported at 10,200 yuan/ton, unchanged. Changzhou market four vegetable oil ex-factory price 10,400 yuan / ton, unchanged. The ex-factory price of processing enterprises in Yangzhou was 10,400 yuan/ton, which was flat. The factory price of a four-stage rapeseed oil from a certain oil plant in Zhenjiang was 8,800 yuan/ton, unchanged.

Palm oil: Taizhou Oil Plant 28 degrees palm oil 10,300 yuan / ton, down 100 yuan / ton. Zhangjiagang area 24 degrees palm oil 24 degrees palm oil 9700 yuan / ton, down 500 yuan / ton. Jingjiang oil palm oil prices 24 degrees palm oil 9800 yuan / ton, down 500 yuan / ton. Lianyungang oil plant 24 degrees palm oil 9850 yuan / ton, down 350 yuan / ton. Yizheng District oil plant 24 degrees palm oil 24 degrees palm oil 9750 yuan / ton, down 500 yuan / ton.

Peanut oil: The price of first-level pressed peanut oil in Lianyungang was 14,800 yuan/ton, and that of secondary peanut oil was 12,500 yuan/ton, unchanged.

Cotton oil: The factory price of local oil mills in Baoying, Yangzhou is around RMB 9,600/tonne, which is unchanged from last week. Yancheng County, Yancheng local oil mill factory reported at 9800 yuan / ton, turnover at 9700 yuan / ton, up 500 yuan / ton. Yancheng Tinghu local oil plant cotton factory reported at 900 yuan / ton, up 500 yuan / ton.

Rapeseed: The price of rapeseed in Jiangsu market has been running smoothly. The purchase price in Nanjing (oil 38%, water miscellaneous 12%) was 4,240 yuan/ton, up by RMB 100/ton. Changzhou regional market acquisition (oil 37%, water miscellaneous 12%) price is 4100 yuan / ton, unchanged. The average purchase price in Taizhou (oily 37%, water miscellaneous 12%) was 5,000 yuan/ton, up by RMB 100/ton. The average acquisition price in Suzhou (oil 37%, water miscellaneous 12%) was 4,120 yuan/ton, unchanged. The purchase price of new rapeseed in Nantong region was RMB 4,180/ton (oil 37%, water miscellaneous 12%), up RMB 100/ton. Yancheng new rapeseed purchase price at 4100 yuan / ton (oil 37%, water 12%), unchanged. The Wuxi region rapeseed market purchase (oil 38%, water miscellaneous 12%) price 4000 yuan / ton, unchanged. Yangzhou area processing companies purchase price 4020 yuan / ton, unchanged. Zhenjiang Danyang market new listing price of rapeseed seeds (water miscellaneous 11%, oil 38%) was 4020 yuan / ton, unchanged.

Cotton oil: Yancheng Yandu County plant oil factory price remained at 9800 yuan / ton, unchanged from yesterday, the transaction is small; Yangzhou Baoying cotton factory price at 9600 yuan / ton, unchanged.

Cottonseeds: Yancheng Salt Yangyang Oil Plants cottonseeds to factory price of 1.95 yuan / kg (hair seed with kernels 45%, moisture 12%), Yancheng Yanting Lake oil plant cottonseeds to the factory price of 1.42-1.43 yuan / kg (with hairseed kernels 52-53%, moisture 12%), flat. The plant price of cottonseed in Yangzhou Baoying was 1.35 yuan per jin (photos containing 52-53% of kernels and 13% moisture).

The recent soybean oil price will be mainly stable. First, national requirements, the designated oil and fat enterprises until the end of March this year, the production of small packaged edible oil ex-factory prices, wholesale prices in key markets and direct supply supermarket retail prices are not allowed to increase. The backbone oil companies such as Jiusan Oil and Yihai Kerry could not raise the price of small-packaged edible oil before the end of March, and the government's targeted subsidies could not fill the deficit. Many companies that are not subsidized have stopped the market supply of small packaged cooking oil, resulting in continuous expansion of Jiusan and Yihai Kerry’s market share, and their losses have also been increasing. One ton of small packaged soybean oil has lost about 2,100 yuan. Second, the State Administration of Quality Supervision, Inspection and Quarantine stated that since January 1, 2011, China has adjusted the quarantine standards for imported edible oil. From this year onwards, prepackaged edible vegetable oils that are no longer packaged or processed after entering the country will no longer be required to accompany the Phytosanitary Certificate; for other imported edible vegetable oils, the exporting countries or regions should provide processing technology and other relevant information. The AQSIQ carries out a risk assessment of the processing technology and decides whether it is required to attach the official "Plant Quarantine Certificate."