On August 27th, the benchmark price of soybean oil in SunSirs was 7,572.00 RMB/ton, a decrease of -1.56% compared to the beginning of this month (7,692.00 RMB/ton).

On August 27th, the benchmark price of palm oil in SunSirs was 8,108.00 RMB/ton, an increase of 2.95% compared to the beginning of this month (7,876.00 RMB/ton).

On August 27th, the benchmark price of rapeseed oil in SunSirs was 8,178.33 RMB/ton, a decrease of -2.50% 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.