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Article: SOYBEAN OIL PRICE RISES IN CHINA.
- Article from:
- AsiaPulse News
- Article date:
- December 1, 2005
CopyrightCOPYRIGHT 2005 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ZHENGZHOU, Dec 1 Asia Pulse - The soybean price on the domestic market rose while the soybean pulp price fell, according to Zhengzhou Grain Wholesale Market.
The Grade-4 soybean oil price rose by 300-400 yuan (US$37-US$50) per ton in North China while that in Southern China rose by 200 yuan.
The ex-factory price of the Grade-4 soybean oil in Heilongjiang rose to 5,400-5,450 yuan, that in Liaoning and Jilin rose to 5,400-5,440 yuan, that in Jiangsu and Zhejiang rose to 5,250-5,300 yuan, and that in other parts of Southern China rose to 5,140-5,170 yuan.
Meanwhile Grade-1 soybean oil also rose greatly. Its ex-factory price rose to 5,750-5,780 yuan ...