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Last week, domestic commercial inventories of soybean oil, palm oil, and rapeseed oil all increased.
May 8th, domestic soybean oil commercial inventory was 820k tons, an increase of 20k tons week-on-week, a decrease of 20,000 tons month-on-month, and an increase of 180k tons year-on-year; rapeseed oil was 360k tons, an increase of 20k tons week-on-week, a decrease of 80k tons month-on-month, and a decrease of 520k tons year-on-year; palm oil was 790k tons, an increase of 80,000 tons week-on-week, an increase of 20k tons month-on-month, and an increase of 410k tons year-on-year. (National Grain and Oil Information Center)