Soybean Crushers’ Profit Margin Kept Declining

By CnAgri2013-10-30 11:18:04 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”