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    Home > Active Ingredient News > Feed Industry News > The biggest winner of the rise in the price of edible oil is the large manufacturers and distributors who have stocks in hand

    The biggest winner of the rise in the price of edible oil is the large manufacturers and distributors who have stocks in hand

    • Last Update: 2008-11-03
    • Source: Internet
    • Author: User
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    Introduction: Chongqing Evening News from the middle of this month Chongqing Evening News from the middle of this month, the price of edible oil raw materials across the world has increased, making the price of China's edible oil, which relies heavily on imports, soar At present, it is generally accepted in the industry that although this round of substantial price increase is a little unbearable to consumers, it has made a lot of money for many manufacturers and distributors, especially for several major domestic edible oil manufacturers, who have made a lot of money It is said that some manufacturers have made hundreds of millions of yuan in a few days Nanping oil company made 4 million yuan a week by storing 2000 tons of edible oil The price of CVN edible oil increased significantly this time, mainly affected by the United States As a result of this summer's high temperature and dryness, soybean production in various states in the United States decreased, the lowest since 1996 As a result, the price of soybean in the international futures market has soared As a result, a large number of soybean and soybean oil used in the production of edible oil are imported from the United States, and the average annual import of soybean is more than half of the domestic demand, this has a huge impact on the domestic edible oil market CVN, according to a person from Fulinmen company of COFCO group, the prices of bulk and small package edible oil have been rising for many times since the 10th of this month The retail price of bulk salad oil has risen from 6.6 yuan per kilogram to 9 yuan, the retail price of 5-liter soybean salad oil has risen from 36 yuan to 42 yuan, and the gross oil imported from abroad has risen from 6100 yuan to 8300 yuan per ton This round of price hike has set a record in recent years, which makes manufacturers and some large dealers laugh According to CVN, some large domestic edible oil manufacturers usually reserve a large amount of crude oil in order to meet the production needs Some manufacturers even have more than 100000 tons of crude oil in stock, and some large distributors usually have thousands of tons of crude oil in stock As soon as the price goes up, we can earn more than 2000 yuan per ton of edible oil easily A large grain and oil company in Sichuan Province quickly turned thousands of tons of edible oil into silver CVN, however, the market is fleeting Some small dealers have no time to stock up at all, so the price soars up and can't even catch up People from COFCO said that after this round of price increase, the biggest winners are the big manufacturers and dealers with stocks in their hands Chongqing grease company usually needs to purchase 80% of its crude oil from the company, and the inventory is not large After this round of price increase, the production and supply will be insufficient in a short period of time Chongqing oil company occupies more than 80% of bulk oil market and more than 30% of small package oil market in our city, which also accelerates the price rise of edible oil in our city According to CVN, the CIF price of crude oil imported from abroad has remained at about 8000-8300 yuan per ton in recent two days As a result, market analysts say, with refining and packaging costs, it is estimated that the price of salad oil will remain high, and there is no possibility of price reduction in a short period of time CVn
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