SunSirs--China Commodity Data Group

Sign In

Join Now

Contact Us

Home > Palm Oil News > News Detail
Palm Oil News
SunSirs: Soybean Oil and Palm Oil Continues to Fall Sharply on November 9
November 10 2021 08:37:37SunSirs(Linda)

On November 9, the price of soybean oil palm oil continued to fall. Soybean oil had fallen to 9,700 yuan/ton, and the price dropped by about 200 yuan/ton. The palm oil price fell to 9,600 yuan/ton, and the price dropped again by 200 yuan/ton. Soy oil palm oil prices have risen too much in the previous period, market rumors about soy oil dumping, coupled with the poor external oil market, soy oil palm oil began to dive high, because of the low inventory, it is expected that there is still room for price increases in the market outlook.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

Exchange Rate:

8 Industries
Energy
Chemical
Rubber & Plastics
Textile
Non-ferrous Metals
Steel
Building Materials
Agricultural & Sideline Products