Low Production as High Demand of Chinese Soybean Oil Hike Up The Price

Refined Soybean Oil

China

Published Dec 17, 2021

The wholesale price of soybean oil in China has inclined by 36.71% YoY. Soybean prices in China increase directly impact the soybean oil price. Additionally, the power shortage experienced in China disrupted the production of soybean oil. Thus concerns with high demands lead to the price of Chinese soybean oil surge in December 2021.

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