Price trend
According to the monitoring data of SunSirs, on April 26, the soybean oil and palm oil market fell. The average market price of soybean oil was 11,450 RMB/ton, down 1.78% in a single day, and the average market price of palm oil was 13,700 RMB/ton, down 1.44% in a single day.
Analysis review
The oil market in the outer disk fell sharply, the terminal oil demand fell, the soybean oil and palm oil futures fell, and the spot fell with the disk.
Market outlook
Supply is tight, and it is expected that soybean oil and palm oil will still have room to rise in the future.
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