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Chinese domestic prices rose in January for soybean oil and rapeseed oil, while palm oil fell. Soybean meal rose sharply from 3,347 to 3,875 RMB/MT, and rapeseed meal also increased.
Higher Chinese soymeal and soyoil prices signal firm import demand, while weaker palm oil reflects softer vegetable oil competition.
en.cnagri.comFeb 7, 2021Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
