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    Home > Active Ingredient News > Feed Industry News > Domestic oil price declines

    Domestic oil price declines

    • Last Update: 2008-11-03
    • Source: Internet
    • Author: User
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    Introduction: last week, the domestic oil price showed a downward trend, among which 24 degree palm oil in the port area declined significantly, and the delivery price of Huangpu port in Guangdong Province fell to 4180-4200 yuan / ton, 80-100 yuan / ton lower than last week's price At the same time, the price of imported soybean oil in the port area also fell The delivery price of imported soybean oil in Tianjin Port fell to 5850 yuan / ton, 50 yuan / ton lower than last week's price Affected by the drop in palm oil and crude soybean oil prices in the port area, the first and fourth grade soybean oil prices of the national standard showed a downward trend this week, with an average decline of 40-100 yuan / ton The main reasons for the decline of domestic oil price are the weak purchasing enthusiasm of refineries and the recent increase in the number of imported soybeans arriving in Hong Kong In addition, the decline of soybean oil price in the international market is another important reason for the decline of domestic oil price At the same time of oil price falling, domestic protein meal price remained stable, 43% protein soybean meal ex factory quotation in North China kept at 2320-2350 yuan / ton, 43% protein soybean meal ex factory quotation in East China kept at 2340-2360 yuan / ton, 43% protein soybean meal ex factory quotation in South China kept at 2400 yuan / ton  
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