Soybean Crushers’ Profit Margin on Nov 22

By CnAgri2012-11-22 10:18:34 Print Soybean crushers quote a price of RMB8,333/MT on average for Grade Four soyoil this week, down RMB100/MT from last week, down RMB773/MT from a month ago and down RMB650/MT on the year-on-year basis.


The producer’s soymeal price is RMB3,678/MT this week, down RMB98/MT from last week, down RMB357/MT from a month ago but up RMB658/MT on the year-on-year basis.

  

Crushing generates a loss of RMB659/MT for mills processing domestic soybeans and a loss of RMB491/MT for mills processing imported soybeans this week.

        

From “China Oil and Oilseeds Market Weekly Report”