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Soybean Crushers’ Profit Margin Kept Declining

China Agriculture Report By CnAgri2013-10-30 11:18:04China Agriculture Report Print The producer’s price of Grade Four soyoil averages RMB7,040/MT this week, down RMB114/MT from last week, down RMB16/MT from a month ago and down RMB1,920/MT on the year-on-year basis.



The producer’s soymeal price averages RMB4,265/MT this week, down RMB60/MT from last week, down RMB62/MT from a month ago but up RMB317/MT on the year-on-year basis.




Crushing generates a profit of RMB125/MT for mills processing imported soybeans but a loss of RMB246/MT for mills processing domestic soybeans this week.

   

From “China Oil and Oilseeds Market Weekly Report”




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