the demand for soy oil in China has grown so much that they import the most soybeans in the world and have driven up the price of futures.
since the price has been elevated, the oil producers are raising the retail prices at the store. since the demand is so big the Chinese people pay it.
YSYB and the soy oil market in general has not raised retail prices along with the cost of the beans, but they are now.
its like gas in the U.S. was used to 2.00 a gallon, then 3.00, now 4.00.
profits on soy oil are going to increase because they can sell for a whole lot more.
main thing here is YSYB is owed huge dollars by the government and is linked to takeover activity
Penny Stock Analyst, not licensed, but may as well be...
