Crushing Imported Soybean Saw a Loss This Week
By CnAgri2013-11-28 10:36:04 Print The producer’s price of Grade Four soyoil averages RMB7,324/MT this week, up RMB108/MT over last week, up RMB224/MT over a month ago but down RMB1,186/MT on the year-on-year basis.The producer’s soymeal price averages RMB4,102/MT this week, down RMB93/MT from last week, down RMB178/MT from a month ago but up RMB372/MT on the year-on-year basis.
Crushing generates a loss of RMB131/MT for mills processing imported soybeans and a loss of RMB304/MT for mills processing domestic soybeans this week.
From “China Oil and Oilseeds Market Weekly Report”
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