Processing of Imported Soybeans Stopped Losing

By CnAgri2013-01-30 11:34:12 Print The producer’s price of Grade Four soyoil averages RMB8,680/MT this week, down RMB26/MT from last week, down RMB180/MT from a month ago and down RMB100/MT on the year-on-year basis.


The producer’s soymeal price averages RMB3,975/MT this week, up RMB8/MT over last week, down RMB90/MT from a month ago but up RMB960/MT on the year-on-year basis.



Crushing generates a profit of RMB145/MT for mills processing imported soybeans but a loss of RMB254/MT for mills processing domestic soybeans this week.



From “China Oil and Oilseeds Market Weekly Report”