SunSirs: China Edible Oil Market Prices Rise and Fall on September 5
September 05 2024 15:39:31 SunSirs (Selena)
On September 5th, the benchmark price of soybean oil in SunSirs was 7,780.00 RMB/ton, a decrease of -0.79% compared to the beginning of this month (7,842.00 RMB/ton).
On September 5th, the benchmark price of palm oil in SunSirs was 8,070.00 RMB/ton, a decrease of -1.34% compared to the beginning of this month (8,180.00 RMB/ton).
On September 5th, the benchmark price of rapeseed oil in SunSirs was 8,686.67 RMB/ton, an increase of 2.92% 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.
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