June 7 Oil Spot Market Prices Continue to Rise

On June 7th, the soybean oil quotation presented the situation in the north of the South, which may be due to the pressure on the inventory pressure of individual large soybean oil producers in the northern region. The lowest price of soybean oil at the coastal level is 8,950 yuan/ton, and the highest quotation is 9,150 yuan/ton. Fourth-grade soybean oil spot price 8750-8900 yuan / ton; 24-degree palm oil spot price concentrated in 7650-7800 yuan / ton.

The market price of fats and oils was raised for two days in a row. The systemic risks in the macro areas were weakened. In addition, both the horse palm oil market and the international soybean market rose. The spot market was boosted and the market transactions were concerned. It is estimated that the rally will last for some time.

Domestic soybean oil reference quotes:

Harbin factory quotation: first-class soyoil quoted at 9,400 yuan/ton, third-grade soyoil quoted at 9300 yuan/ton in Jilin Province Factory Price: Changchun Soybean Oil Price 9100 yuan/ton, Siping 3 soybean oil price 9150 yuan/ton, Liaoyuan III Soybean oil price 9100 yuan / ton factory price in Dalian: a soybean oil price 8950 yuan / ton, three soybean oil price 8800 yuan / ton Tianjin factory price: a soybean oil price 9050 yuan / ton Qinhuangdao factory price: a soybean oil Quotation 9200 yuan / ton, three soybean oil offer 9,100 yuan / ton.

Rizhao factory price: First-class soybean oil price 8950 yuan / ton Jiangsu factory price: First-class soybean oil price 9150 yuan / ton factory price in Guangdong: First-class soybean oil price 8950 yuan / ton 24 palm oil port reference quote:

Tianjin factory price 7850 yuan / ton Rizhao region traders offer 7750 yuan / ton Zhangjiagang factory quote 7750 yuan / ton Guangzhou traders offer 7650 yuan / ton Zhanjiang area offer 7800 yuan / ton Fangcheng area offer 7750 yuan / ton

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