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Home > Palm Oil Rapeseed oil Soybean Oil News > News Detail
Palm Oil Rapeseed oil Soybean Oil News
SunSirs: China Edible Oil Market Prices are Up and Down on October 16
October 16 2024 14:49:45SunSirs(Selena)

On October 16th, the benchmark price of soybean oil in SunSirs was 8,166.00 RMB/ton, a decrease of -0.71% compared to the beginning of this month (8,224.00 RMB/ton).

On October 16th, the benchmark price of palm oil in SunSirs was 9,018.00 RMB/ton, an increase of 3.70% compared to the beginning of this month (8,696.00 RMB/ton).

On October 16th, the benchmark price of rapeseed oil in SunSirs was 9,385.00 RMB/ton, a decrease of -0.51% compared to the beginning of this month (9,433.33 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 enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.

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