According to market monitoring, since October, Jiangsu Taizhou has ample supply of grain and oil, rich varieties, and flat purchases and sales. The festive atmosphere is basically digested. The recent market demand for edible oil has slowed down and the prices have shown steady declines.
On October 26th, the wholesale price of Grade IV soyoil on the Taizhou market was 475 yuan/50 kilograms, which was 5 yuan less than last week, a decrease of 1%; the retail price of urban food stores was 510-580 yuan/50 kilograms, down 2.5 yuan from the previous week. 50 kg, a decrease of 0.5%. The ex-factory price of four-grade vegetable oil processing enterprises was 530 yuan/50 kg, which was the same as last week; the retail price of urban grain stores was 550-600 yuan/50 kg, which was the same as last week. Bulk salad oil wholesale price 480-500 yuan / 50 kg, down 2.5 yuan / 50 kg last week, a decrease of 0.5%; urban grain retail price of 520-560 yuan / 50 kg, unchanged from last week.
According to industry analysis, it has entered the fourth quarter, and the demand for grain and oil markets has become more prosperous. It is expected that the price of edible oil in the Taizhou market will rise steadily in the later period.
On October 26th, the wholesale price of Grade IV soyoil on the Taizhou market was 475 yuan/50 kilograms, which was 5 yuan less than last week, a decrease of 1%; the retail price of urban food stores was 510-580 yuan/50 kilograms, down 2.5 yuan from the previous week. 50 kg, a decrease of 0.5%. The ex-factory price of four-grade vegetable oil processing enterprises was 530 yuan/50 kg, which was the same as last week; the retail price of urban grain stores was 550-600 yuan/50 kg, which was the same as last week. Bulk salad oil wholesale price 480-500 yuan / 50 kg, down 2.5 yuan / 50 kg last week, a decrease of 0.5%; urban grain retail price of 520-560 yuan / 50 kg, unchanged from last week.
According to industry analysis, it has entered the fourth quarter, and the demand for grain and oil markets has become more prosperous. It is expected that the price of edible oil in the Taizhou market will rise steadily in the later period.
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