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Edible oil prices have reduced in the different section in the Yiwu
2014-12-17

In October this year, the domestic edible oil giant YIHAI KERRY group announced to reconcile its "golden dragon fish" brand oil and soybean oil prices decline, Rapeseed Oil category 10%-13%, then, COFCO group under the Fulinmen edible oil also announced price of 10%. Along with the two major brands of domestic edible oil lead prices, the domestic edible oil market in the price surge in December
In early 12, Shanghai, Guangzhou two edible oil prices fell more than 20% generally, the highest. At the same time, Fuzhou, Beijing, Tianjin, Wuhan ,Yiwu and other places of edible oil prices "diving" the sound of one after another. Reporters yesterday visited the city much home supermarket and non-staple food market, found that most brands of edible oil has a price, no part of edible oil also played a promotion price.
This reporter went to a large supermarket chains in Yiwu City, saw many people is the selection of edible oil. Tidy shelves with barrels of cooking oil, most brands of edible oil is cut or promotional gifts to buy
In Yiwu the main non-staple food grain and oil wholesale market a grain and oil firms boss Mr Cheng said, the store has seventy or eighty kinds of edible oil prices, now basically fell about one percent, the price is more powerful oil and soybean oil, including arawana and Fulinmen brands. For example, fortune a blend oil prices by 10%, golden dragon fish a blend oil 5L installed price 65 yuan, the wholesale price is now down to 50 yuan, a drop of 23%.
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