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CnAgri reported that China's average vegetable oil prices rose in August, with soybean oil up to 6,893 RMB/MT from 6,306, palm oil up to 6,267 from 5,900, and rapeseed oil up to 9,210 from 9,090. Soybean meal and rapeseed meal prices fell over the same period.
Higher Chinese vegetable oil prices support oilseed crush margins and palm and soy oil values, while lower meal prices weaken protein meal values for feed buyers.
en.cnagri.comSep 10, 2020Not 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.
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.
