Factory price of soybean oil went up in last week. Soybean crushers quoted a price of RMB 7,900/MT in Harbin and RMB 8,100/MT in Jiangsu for Grade One soybean oil on August 16, up RMB 300/MT and RMB 350/MT respectively over the week before. Grade Four soybean oil price went up RMB 370/MT in Dalian and RMB 215/MT in Shandong in the meantime to a level of RMB 7,770/MT and RMB 7,565/MT respectively. Guangdong’s Grade Four soybean oil price was flat at RMB 7,450/MT.