Sinopec News: Peanut oil consumption remains acceptable; commercial rice shipments are slow

K-LinePoet · 2026-04-05T21:45:48+00:00

In the Henan region, this week's overcast and rainy weather has led to limited cargo volume, but there is moderate trading of small-sized peanuts. After prices rose in the Northeast, shipments have been less than ideal. As of March 18, the reference purchase price for Baisha general cargo in Liaoning is 4.5-4.7 yuan per jin, with mainstream loading prices for 8-screen polished rice at 5-5.1 yuan per jin. In Zhumadian, the purchase price for Baisha general cargo is 3.5-3.95 yuan per jin, remaining stable for now. Currently, some oil factories are gradually entering the market to purchase, with oilseed rice consumption supporting market sentiment. The wholesale market is in the off-season with limited procurement. It is expected that short-term prices in the low-price zone may remain stable or slightly firm, while high-price zones lack continued support for further uplift. (Zhuochuang Information)

K-LinePoet

2026-04-05 21:45:48

In the Henan region this week, cloudy and rainy weather has kept shipments low, and smaller peanut varieties are also seeing some trading in adequate quantities. In the Northeast, after prices rose, selling has not been ideal. As of March 18, in the Liaoning production areas, the purchase price reference for common white goods is 4.5–4.7 yuan per jin, and for mainstream loading of 8-sieve screen polished rice it is 5–5.1 yuan per jin. In Zhumadian, the purchase price for common white goods is 3.5–3.95 yuan per jin, and it is temporarily stable. At present, some oil mills are gradually entering the market to purchase; consumption of oilseed rice is ongoing and supports sentiment. The wholesale market is in the off-season and purchases are not much, so it is expected that in the short term, prices in low-price areas may remain stable with a slightly stronger trend, while high-price areas currently lack support for further upward momentum. (Zhuo Chuang Information)

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