Technological progress of soybean oil refining industry

Technological progress of soybean oil refining industry
Soybean oil is one of the most commonly used edible oils in the world, and it is also the most demanding edible oil in China. In recent years, soybean oil production has increased steadily at home and abroad as soybean oil demand has increased year by year.
According to the report of the Ministry of Agriculture in May 2017, China's edible vegetable oil output in 2016/2017 was 26.3 million tons, of which soybean oil output was 15.62 million tons. It was predicted that China's edible vegetable oil output in 2017/2018 would be 26.85 million tons, of which imported soybeans were in demand. The soybean oil production increased by 15 million 920 thousand T, an increase of 300 thousand T compared with the previous year. China's soybean oil processing scale has been growing rapidly under the stimulation of market demand, and now accounts for about 60% of the total domestic vegetable oil production, and the production capacity has ranked first in the world.
At present, the five largest soybean crushing enterprises in China are China Food Group, Yihai Jiali Group, Jiusan Group, Bohai Group and China Grain Storage Group. The annual crushing volume of soybean of China Food Group and Yihai Jiali Group is more than 10 million tons.

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