Profit of Processing Imported Soybeans Increased

By CnAgri2013-02-27 11:17:57 Print The producer’s price of Grade Four soyoil averages RMB8,594/MT this week, down RMB62/MT from last week, down RMB112/MT from a month ago and down RMB480/MT on the year-on-year basis.





The producer’s soymeal price averages RMB4,112/MT this week, up RMB140/MT over last week, up RMB143/MT over a month ago and up RMB962/MT on the year-on-year basis.



Crushing generates a profit of RMB140/MT for mills processing imported soybeans but a loss of RMB159/MT for mills processing domestic soybeans this week.



From “China Oil and Oilseeds Market Weekly Report”