Industry DynamicsIndustry News
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Detailed IntroductionSell conscience oil, stay away from black heart oil!
2013-12-12On October 16, 2013, Datong, a 36-year-old edible oil manufacturer with a market share of about 10% in Taiwan, broke out the black-core oil incident. Question oil cases also occur in mainland China from time to time. Taking care of the origin and extinction of Taiwan's industry events, people's feedback, the response of the authorities and the punishment of the enterprises concerned are all warnings and Spurs to all oil enterprises.
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Detailed IntroductionPeanut oil impurity: pure peanut oil as an auxiliary proportion of no more than 10%.
2013-12-12At present, the major brands of peanut oil in supermarkets are known as "special fragrance", "pure" and "golden ratio". According to the salesperson, there are two kinds of peanut oil, one is pure peanut oil, only peanuts in the ingredient list, the price of 5 liters is about 150 yuan per barrel; the other is peanut blending oil, its ingredients are soybean oil...
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Detailed IntroductionOil companies are keen on celebrity endorsement
2013-10-23Star endorsement has become an important means for enterprises to publicize their brands, and oil enterprises are no exception. "Super Dan" couple, well-known host Wang Han and many other stars have become the spokespersons of well-known oil enterprises. Star endorsement not only brings benefits to enterprises, but also guides consumer demand.
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Detailed IntroductionOil spot market prices steadily declined on September 16
2013-10-15Today, soybean oil opened 7106, closing at 7196 on the previous trading day. Palm oil opened 5416, closing at 5470 on the previous trading day. Zheng oil opened 7512 on the previous trading day and 7584 on the previous trading day. Domestic spot quotations fell by 50-100 yuan/ton today. The spot price of first-class coastal soybean oil is 7120-7480 yuan/ton, while the spot price of 24-degree palm oil is concentrated in 5400-5900 yuan/ton.
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Detailed IntroductionOil spot market prices remained stable on October 10
2013-10-14Today's soybean oil opened 7068, closing at 7056 on the previous trading day. Palm oil main opening 5560, the last trading day closed at 5528. Zheng oil main opening 7298, the last trading day closed at 7290. Domestic spot quotation is stable today. The spot price of first-class soybean oil in coastal area is 7080-7300 yuan/ton, and the spot price of 24-degree palm oil is 5500-5700 yuan/ton.
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Detailed IntroductionFat is expected to bounce back from the bottom.
2013-10-13The historical trend of the past 20 years shows that the overall increase probability of oil in the fourth quarter is much greater than that in the second and third quarters. It is also evident from the CBOT soybean oil seasonal index that the trend of soybean oil tends to reach a high in February, rebounds in April and continues to decline in May-August. After the last wave of decline kinetic energy in September is dissipated, the next high in October and November is ushered in.
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Detailed IntroductionSupply is slightly tight, rapeseed meal is strong in the short term
2013-10-12At present, the domestic spot supply of soybean meal and rapeseed meal is tight, which continues to boost the market. In addition, the supply of cotton meal and DDGS, which have a strong substitution relationship, is also tight. Rapeseed meal will continue to operate at a high level in the short term.
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Detailed IntroductionNoble Oil Consumption Decline Reflects Marketing Dilemma
2013-10-12A central ban has made this year's "Double Festival", the traditional peak season of edible oil consumption, somewhat dull. In this regard, experts said that high-end edible oils only rely on offline sales and festival season "group buying gifts" and other ways to promote sales, it is difficult to become bigger and stronger, we must find new ways.
