Soybean Crushers’ Profit Margin Up
By CnAgri2013-08-28 11:24:04 Print The producer’s price of Grade four soyoil averages RMB7,210/MT this week, up RMB190/MT over last week, up RMB270/MT over a month ago but down RMB2,582/MT on the year-on-year basis.The producer’s soymeal price averages RMB4,147/MT this week, up RMB155/MT over last week, up RMB202/MT over a month ago but down RMB425/MT on the year-on-year basis.
Crushing incurs a loss of RMB179/MT for mills processing domestic soybeans but generates a profit of RMB123/MT for mills processing imported soybeans this week.
From “China Oil and Oilseeds Market Weekly Report”
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