Soybean Crushers’ Profit Margin in China

By CnAgri2012-08-29 13:15:44 Print

The producer's price of Grade One soyoil rose RMB250/MT in Harbin and RMB350/MT in Jiangsu on August 27 over the week before, reaching RMB10,000/MT and RMB10,050/MT respectively.

Grade Four soyoil price went up RMB360/MT in Shandong, RMB350/MT in Jiangsu, RMB360/MT in Dalian and RMB450/MT in Guangdong in the meantime, reaching RMB9,830/MT, RMB9,850/MT, RMB9,680/MT and RMB9,800/MT respectively.

Soymeal price moved up RMB290/MT in Harbin, RMB230/MT in Dalian, RMB200/MT in Qinhuangdao, RMB350/MT in Shandong, RMB250/MT in Jiangsu and RMB280/MT in Guangdong on August 27 over the week before, reaching RMB4,340/MT, RMB4,510/MT, RMB4,530/MT, RMB4,700/MT, RMB4,650/MT and RMB4,700/MT respectively.

Crushers processing domestic soybeans and those processing imported soybeans enjoyed a profit RMB429/MT and RMB382/MT respectively last week, up RMB138/MT and RMB44/MT respectively over the week before.

From "China Oil and Oilseeds Market Weekly Report"