SunSirs: China Edible Oil Market Prices are Rising on October 15
October 15 2024 16:42:36 SunSirs (Selena)
On October 15th, the benchmark price of soybean oil in SunSirs was 8,248.00 RMB/ton, an increase of 0.29% compared to the beginning of this month (8,224.00 RMB/ton).
On October 15th, the benchmark price of palm oil in SunSirs was 9,200.00 RMB/ton, an increase of 5.80% compared to the beginning of this month (8,696.00 RMB/ton).
On October 15th, the benchmark price of rapeseed oil in SunSirs was 9,450.00 RMB/ton, an increase of 0.18% compared to the beginning of this month (9,433.33 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.
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- 2025-12-11 SunSirs: Malaysia's Palm Oil Inventory Increases Significantly, Bearish Prices
- 2025-12-11 SunSirs: Supply Expectations Improve, Rapeseed Oil Prices Fall
