Recently, the domestic edible oil market continues to operate at a high level

Introduction: influenced by the external factors, since the middle of March, the price of domestic edible oil market continues to be in a high operating state, and the overall market transaction is not surprising At present, the price of soybean oil in Shandong Province is generally 5950-6000 yuan / ton, which has little change with the previous period; the market price in Tianjin is 6030 yuan / ton, which is 0.7% higher than the previous period; the market price in Jiangsu Province is generally 6050-6100 yuan / ton, which is basically the same with the previous period The price of vegetable oil in Jiangsu market is generally 5900-5950 yuan / ton, which is basically the same as that in the earlier stage; the price of vegetable oil in Anhui is generally 5900-5950 yuan / ton, which has little change with that in the earlier stage; the price of vegetable oil in Hubei is generally 6100 yuan / ton, which is basically the same as that in the earlier stage The market price of peanut oil in Shandong Province is generally 10400 yuan / ton, which has little change with the previous period; the price in Hebei Province is generally 10200 yuan / ton, which has little change with the previous period; the market price in Jiangsu Province is generally 9800 yuan / ton, which is 2% higher than the previous period The centralized price of 24 degree refined palm oil in Tianjin port is 4950-5000 yuan / ton, up 6.5% over the previous period; that in Qingdao and Rizhao ports in Shandong Province is 4950 yuan / ton, up 6.4% over the previous period; that in Zhangjiagang area in Jiangsu Province is 4850-4900 yuan / ton, up 4.6% over the previous period; that in Ningbo port in Zhejiang Province is 4950 yuan / ton, up 7.1% over the previous period; that in Guangdong Province is 4900-4950 yuan / ton, up 8% over the previous period For the later trend, the industry analysts believe that the domestic edible oil market price in the later period will continue to maintain the current price trend, but some varieties of prices do not exclude the possibility of small fluctuations 1 CBOT soybean rose like a rainbow, and the domestic soybean oil market was flat Influenced by the arrival of a large number of imported soybean oil in the later period, although the price of international soybean market has increased rapidly recently, the domestic soybean oil market as a whole has not changed much This year, 200000 tons of soybean oil were imported in January, and 100000 tons of soybean oil were also delivered in February, which is expected to be over 150000 tons in March In particular, March and April are the off-season of soybean oil consumption, which will lead to a significant reduction in demand after the festival and suppress the market price of soybean oil In recent years, the rapid rise of soybean meal prices in various regions has resulted in the continuous expansion of squeezing profits in various regions, and the soybean oil production in some regions has also increased by a large margin, which will limit its price to continue to rise 2 The domestic vegetable oil market is calm with the participation of many factors At present, the dealers in the production area are reluctant to sell The high price of rapeseed raw materials supports the oil products However, the market demand is still low, and it is difficult to improve in a short time At the same time, the rising price of rapeseed inhibits the oil price It is expected that in the later stage, with the support of tight supply of domestic rapeseed market, strong price and insufficient construction, domestic rapeseed prices will continue to be consolidated in a narrow range, but the future market pressure still exists 3 The BMD period price broke a new high, supporting the domestic palm oil market to continue to soar in the short term At present, the price of palm oil market in Asia has risen sharply, mainly due to the increase of soybean oil tariff in India, the rise of soybean oil futures price in Chicago, and the competition of consumers and traders to enter the market first, which has boosted the spot price to a new high in the year The Indian government recently raised the import tariff price of crude soybean oil from US $485 per ton to US $535 per ton, which is equivalent to more than US $20 per ton increase of soybean oil import tariff based on 45% tariff However, the base price of palm oil remains unchanged, which makes palm oil cheaper than soybean oil and increases the export competitiveness of palm oil Traders said that although India may raise the tariff price of palm oil later, for the moment, the news is encouraging to the market, and the market is more popular, so the reaction to the bullish news is stronger The benchmark palm oil contract for the first time this year has broken through the key resistance of rm1450 in the pursuit of buyers This has also led to a rise of more than RM200 per ton of palm oil since the beginning of February Encouraged by gains in the futures market and positive purchasing activity in the spot market, an Australian company is looking for 24 degree refined palm oil on a second quarter shipment for $417.50 per ton In addition, a company mainly exporting palm oil from Indonesia is also purchasing refined palm oil The strong rise of international palm oil market has also driven the price of domestic palm oil market to be adjusted, but the market transaction situation is not ideal Fourth, the domestic flower production area market is not optimistic According to the survey, at present, farmers in the main peanut producing areas still have plenty of spot goods for sale, which will restrain the rise of oil price to a certain extent Although the recent pure crude oil prices around the country continue to stabilize at a high level and rise in stability, but market trading is very light