On September 4th, the benchmark price of soybean oil in SunSirs was 7,862.00 RMB/ton, an increase of 0.26% compared to the beginning of this month (7,842.00 RMB/ton).

On September 4th, the benchmark price of palm oil in SunSirs was 8,170.00 RMB/ton, a decrease of -0.12% compared to the beginning of this month (8,180.00 RMB/ton).

On September 4th, the benchmark price of rapeseed oil in SunSirs was 8,695.00 RMB/ton, an increase of 3.02% compared to the beginning of this month (8,440.00 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.