industry is known as "soybean oil and market, small oil and soybean oil". Business agency soybean oil research group analysts believe that since February, the price of soybean oil has been falling continuously, mainly due to the decline in terminal consumption demand, the number of soybean procurement in the previous domestic ports is too large, and the pressure of commercial inventory is greater. In addition, the volume of soybean arriving to port in the late stage will increase continuously, and the soybean oil will be stored under pressure. This round of soybean price changes will lead to other edible oils such as peanut oil, blending oil and so on. At present, the wholesale price of soybeans in the three quarter is still hard to pick up.
"do not dare to stock at all." One business said that since last month, they have received notices of a number of brand reduction promotions, which have been closely related to the wholesale price of soya bean oil. "Many big brands have been unable to hold up, and they began to reduce prices at the end of last month."
"80% of China's oil companies rely on imports." She said, from the production, price and oil yield, domestic soybean is worse than imported soybeans. Moreover, in recent years, soybean planting in China has been decreasing year by year. At present, in addition to a part of the soybean in the northeast, Chinese oil squeezing enterprises are more dependent on the import of soybeans. Therefore, the price of soybean in China is obviously affected by the international market.
in addition, because of the excessive quantity of soybeans purchased in the previous domestic ports, the total amount of soybean stock is about 3000000 tons at present, of which the commercial stock of the first grade bulk soybean oil is about 1 million tons in January, now it is about 900 thousand tons, and the pressure of soybean oil to the stock is obvious. In addition, when oil squeezing season is low, the operating rate of oil plants is less than 50% in May, and the market demand is saturated.
Li Bing said that the price of imported soybeans fell down and the production cost of oil processing enterprises fell down, so the wholesale price of soybean oil had been declining. Not only that, the price of soybean oil and refined first grade oil is also very obvious, now the price of bulk soybean oil is 7556 yuan per ton, and the price is 8954 yuan per ton in January. At the same time, the soybean market will continue to increase in late stage, and import pressure is still hard to digest. The purchasing power of edible oil in the international spot market is generally weak, and the edible oil market in the short term will continue to linger low.
lock reaction of soya bean oil, the price of other edible oil prices "loose"
"the industry is known as" soybean oil with the big plate, small oil and soybean oil ". Li Bing believes that the highest share of domestic edible oil market is soybean oil, and the role of "leading sheep" is obvious. The current spot prices of soybean oil futures have been declining, and other oil prices, including peanut oil, corn oil and blended oil, will also be reduced. "According to the law of futures transmission, it is expected that this fall will be a price change, and the public is expected to buy cheap oil".
reporter interviewed found that after the soybean oil wholesale price fell for 4 months, the price of the terminal market also began to fall. Reporters interviewed several supermarkets in the city and found that the retail price of soybean oil had been lowered. In the Tesco supermarket, which is located on the four road, 5 liters of golden dragon fish are priced at 62 yuan / barrel. "The price adjustment is three times." The supermarket's official said last month that the brand soybean oil sales volume was 25 barrels, the highest sales month in the first half. In addition, Yuan Bao 5 liters of soya bean oil sold for 59.5 yuan / barrel, 5 liters of Fu Lin gate 5 liters of 61.5 yuan / barrel, Xi Xiang brand soybean oil 5 liters of 57.5 yuan / barrel, the above brand prices lower than the three quarter price of 3 yuan to 4 yuan.
Li Bing believes that the upcoming new soybean will increase market supply and the futures market will bear more pressure. Moreover, the purchasing power of the spot market is weak. It is expected that the market will continue to remain low before the national day.
reporters found that the wholesale and retail prices of peanut oil and blend oil showed signs of decline. A lot of households in Kuang Shan grain and oil market said that the wholesale price of 5 liters of peanut oil, such as Hu Ji Hua and Lu Hua, had dropped by 5 yuan compared with the beginning of the month. At the Tesco supermarket, 4 liters of peanut oil sold for 128 yuan / barrel, 5 litres of golden dragon fish for 129 yuan / barrel, and 135 yuan per barrel for the Jihua, and all brands were down about 3 yuan in the three quarter.