Commodity News
SunSirs: Soybean Oil and Palm Oil Prices Rose on March 24
March 25 2022 10:28:56 SunSirs (John)
Price trend
According to the monitoring data of SunSirs, on March 24, the soybean oil and palm oil market rose. The average market price of soybean oil was 11,146 RMB/ton, up 2.73% in a single day; the average market price of palm oil was 12,994 RMB/ton, up 1.44% in a single day.
Analysis review
Soybean oil and palm oil were driven to rise by the external market, and after the correction, the market rose again.
Market outlook
It is expected that in the short term, the soybean oil and palm oil market will still oscillate at a high level.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com
Related Information
- 2024-04-12 SunSirs: Good News, China Palm Oil is Expected to Rise
- 2024-04-10 SunSirs: China Soybean Oil Market and Palm Oil Market Declined after the Qingming Festival
- 2024-03-25 SunSirs: Futures Market Boosting, China Soybean Oil and Palm Oil Market are Rising
- 2024-03-19 SunSirs: Positive Support, China Soybean Oil and Palm Oil Markets Rise
- 2024-03-08 SunSirs: Positive Support, China Soybean Oil and Palm Oil Market is Up
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