Last week, the commercial inventories of the three major oils and fats in China all decreased.

Monitoring shows that on April 3rd, domestic soybean oil commercial stocks were 850k tons, down 10k tons week-on-week, down 70k tons month-on-month, and up 70k tons year-on-year; rapeseed oil was 280k tons, down 10k tons week-on-week, up 30k tons month-on-month, and down 480k tons year-on-year; palm oil was 800k tons, down 30k tons week-on-week, down 50k tons month-on-month, and up 410k tons year-on-year. (National Grain and Oil Information Center)