Soybean Crushers’ Profit Margin on March 18th

By CnAgri2013-03-21 13:19:07 Print The producer’s price of Grade Four soyoil averages RMB8,036/MT this week, down RMB324/MT from last week, down RMB620/MT from a month ago and down RMB1,424/MT on the year-on-year basis.


The producer’s soymeal price averages RMB4,118/MT this week, down RMB52/MT from last week, up RMB147/MT over a month ago and up RMB855/MT on the year-on-year basis.


Crushing generates a loss of RMB246/MT for mills processing domestic soybeans but a profit of RMB26/MT for mills processing imported soybeans this week.


 

From “China Oil and Oilseeds Market Weekly Report”