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On November 13, the Tongliao Derui oil plant in Inner Mongolia ran its pressing and refining lines normally. It quoted first-grade corn oil at 9,500 yuan per tonne and did not quote crude corn oil, with deals being negotiated on a case-by-case basis.
The plant's running rates and firm first-grade corn oil quote give a local China benchmark for edible and feed-grade vegetable oil pricing. The absence of a crude corn oil quote signals thin spot availability, but the move is too small to shift global prices.
oilchem.netNov 13, 2026Not 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.
