Average wholesale price of soymeal in China
By CnAgri2012-08-23 13:32:23
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On Aug 22, 2012, the average wholesale price of soymeal is RMB4406Yuan/MT, up 3.30% compared with last week. CBOT soybean futures price rose greatly this Monday, domestic soymeal spot price went up consequently on Tuesday, with 43% protein soymeal offer from some oil manufacturers up by RMB100/MT. The continuous rising price made end purchasers quite cautious, it’s expected domestic soymeal spot price shall fluctuate with CBOT soybean futures price frequently nearby.
From "China Livestock and Feed Market Weekly Report"
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