On February 12th, the benchmark price of soybean oil in SunSirs was 8,424.00 RMB/ton, a decrease of 2.5% compared to the beginning of this month (8,640.00 RMB/ton).

On February 12th, the benchmark price of palm oil in SunSirs was 8,870.0 RMB/ton, a decrease of 3.55% compared to the beginning of this month (9,196.00 RMB/ton).

On February 12th, the benchmark price of rapeseed oil in SunSirs was 9,880.00 RMB/ton, a decrease of 4.06% compared to the beginning of this month (10,298.00 RMB/ton).

Application of SunSirs Benchmark Pricing

Traders can price spot and contract transactions based on the pricing principle of agreed markup and pricing formula (Transaction price=SunSirs price + Markup).

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.