24/07/04 ( China) - The domestic edible oil prices have risen rapidlysince the beginning of this week mainly due to the increases in prices ofpalm oil and refined soyoil. The grade 2 soyoil and rapeseed oil priceshave also risen, followed by the increases in demand. The internationalsoyoil prices have risen sharply recently while the edible oil importshave signaled to decline since July, followed by the reduction of stocks,and the demand has showed seasonal increases, and these are the mainseasons for the price increases. According to CNGOIC, the domestic palmoil and refined oil prices will continue to rise and the demand will speedup, further pushing up the prices.