SunSirs: China Edible Oil Market Prices Rise and Fall on September 10
September 10 2024 16:03:47 SunSirs (Selena)
On September 10th, the benchmark price of soybean oil in SunSirs was 7,790.00 RMB/ton, a decrease of -0.66% compared to the beginning of this month (7,842.00 RMB/ton).
On September 10th, the benchmark price of palm oil in SunSirs was 8,004.00 RMB/ton, a decrease of -2.15% compared to the beginning of this month (8,180.00 RMB/ton).
On September 10th, the benchmark price of rapeseed oil in SunSirs was 8,705.00 RMB/ton, an increase of 3.14% compared to the beginning of this month (8,440.00 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).
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