Small packaged edible oil prices remain stable

According to the report (Reporter Chen Hao), due to the fluctuation of the global grain and oil market, China's grain, oil and food industry has also entered a relatively difficult period. Many brands face a loss crisis due to “price inversion”. The reporter learned from the 2011 China Food Products Distributor Conference held in Tianjin that thanks to the advantages brought by COFCO's entire industry chain, YTD has occupied a small packaged edible oil industry under the market background of “sound rise”. Half of the country’s Fortune Land maintains ample supply and stable prices within its regional sales.

It is understood that Tianjin has become the largest grain, oil, and food processing base and strategic fortress of COFCO's northern region. The core business of COFCO is grain, oil, and food related to the national economy and the people's livelihood. The Ministry of Industry and Information Technology issued the “2011 Implementation Plan for Key Tasks for Food Safety” issued at the end of March. It pointed out that strengthening source supervision and strict access thresholds have become an imperative for the development of the industry. Starting in late April, China will enter the peak season for the sales of small packaged edible oils. COFCO will effectively extend the “full-industry chain” to consumers’ “tables” and provide hundreds of millions of households with more nutrition, healthier, and more assured full-fledged benefits for Fulinmen's edible oils.