On November 21st, the benchmark price of soybean oil in SunSirs was 8,304.00 RMB/ton, a decrease of -1.91% compared to the beginning of this month (8,466.00 RMB/ton).

On November 21st, the benchmark price of palm oil in SunSirs was 10,036.00 RMB/ton, an increase of 5.91% compared to the beginning of this month (9,476.00 RMB/ton).

On November 21st, the benchmark price of rapeseed oil in SunSirs was 9,390.00 RMB/ton, a decrease of -0.49% compared to the beginning of this month (9,436.67 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.