Price trend

According to the data monitoring of SunSirs, on April 21, soybean oil and palm oil rose in different ways. The soybean oil market rose, up 1.05% in a single day; the palm oil market fell, down 0.3% in a single day.

Analysis review

Soybean oil stocks were low, supply is tight, the market was firm, and prices continued to rise. Due to the high price of palm oil, the market has corrected.

Market outlook

It is expected that the soybean oil and palm oil market will remain high in the future.

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