Price trend

According to the monitoring data of SunSirs, on March 24, the soybean oil and palm oil market rose. The average market price of soybean oil was 11,146 RMB/ton, up 2.73% in a single day; the average market price of palm oil was 12,994 RMB/ton, up 1.44% in a single day.

Analysis review

Soybean oil and palm oil were driven to rise by the external market, and after the correction, the market rose again.

Market outlook

It is expected that in the short term, the soybean oil and palm oil market will still oscillate at a high level.

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