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Soybean prices or prices of domestic edible oil by 123wert sdfsf
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Soybean prices or prices of domestic edible oil |
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Business,Business News,Business Opportunities
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4 Since the end of the international soybean futures prices rose more than 25%; because China is the world's largest soybean importer, the international soybean prices push up domestic oil production costs, which buried oil prices hidden.
HC food industry network 4 Since the end of the international soybean futures prices rose more than 25%; because China is the world's largest soybean importer, the international soybean prices push up domestic Cooking oil Production costs, thus planted edible oil Prices Hidden.
As the sharp rise in Chinese imports to the U.S. soybean stocks fell to 32-year low, the U.S. dollar index fell and rising commodity prices, soybean prices rally significantly. Since the April 28 Chicago Board of Trade since the price of soybean futures up more than 25%. China's soybean consumption in the 70% dependence on imports, the international soybean prices will inevitably push up the domestic edible oil manufacturers Raw materials Cost, if the external drive substantial increase in soybean prices continued to force the domestic edible oil prices will eventually follow up.
Released under the General Administration of Customs import data, the first 5 months this year, China's soybean imports have been as high as 17.38 million tons, up 27.3% over last year. Demand driven by Chinese soybean prices continued to rise, especially in the beginning by the end of April, the U.S. dollar index fell sharply, soybean prices outside the disk in less than a half months has risen by more than 25%. According to the current conversion price of external disk soybeans, U.S. soybean imports to Hong Kong and the price will reach 4,350 yuan / ton, while the South American soybean imports to Hong Kong prices will reach 4250 yuan / ton, higher than the current spot price of nearly 10%.
Soybean prices to continue that there exist differences
Early as mid-May, as imports of soybean prices rise, oil prices have a price increase, part of the edible oil prices rose 10%. Now outside the site continues to sharply higher soybean prices, will be planted in edible oil prices rose again a hidden danger.
Some enterprises in soybean prices 10% to 15%, the price adjustment will be started. However, industry-wide price adjustment could occur mainly outside the disk to see soybean prices will continue to rise, and the industry trend for the market outlook, while soybean prices differences.
Tianqi Futures agricultural analyst at the Regency, said: "At present the biggest negative is the soybean market will sell Chinese State Reserve soybeans." State Reserve in the hands of the current 600 million tons of soybean. "But China's annual 38 million tons of soybean imports of view, 600 tons of the State Reserve to sell or difficult to stop a rally outside the plate." But oil analysts Li Shijun
93 that "the first five months up to China's soybean imports more than 17 million tons, it is not the very lack of soybeans, some of the prices may drop after oil plant imports. Short-term high bean prices may not be much additional cost to the enterprise. "
Edible oil: rising prices are not currently considered
"Oil price adjustment, based mainly on Raw material Prices. "Yihai in contact, said the company according to a Bean oil And Rapeseed oil Two varieties of price movements to determine whether to adjust the price.
Price adjustment measures, but enterprises based mainly on raw materials and long-term price movements to determine "if the price is suddenly higher, but still expected to fall short, this case enterprises generally do not make price adjustment," the contact said, "In addition, enterprises should also reference to the market price adjustment of consumption, and will not set a specific percentage of the price of raw materials rose to the number of oil price increases will follow. since mid-May that price adjustment, we recently no news of price increases. " I am an expert from Wholesale electrical equipment at lowest price, usually analyzes all kind of industries situation, such as skirting for mobile homes , womens steel toe shoe.
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