On August 15th, the benchmark price of soybean oil in SunSirs was 7,368.00 RMB/ton, a decrease of -4.21% compared to the beginning of this month (7,692.00 RMB/ton).
On August 15th, the benchmark price of palm oil in SunSirs was 7,652.00 RMB/ton, a decrease of -2.84% compared to the beginning of this month (7,876.00 RMB/ton).
On August 15th, the benchmark price of rapeseed oil in SunSirs was 7,903.33 RMB/ton, a decrease of -5.78% compared to the beginning of this month (8,388.33 RMB/ton).
Application of SunSirs Benchmark Pricing
Traders can price spot and contract transactions based on the pricing principle of agreed markup and pricing formula (Transaction price=SunSirs price + Markup).
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.