soybean oil Crushing Losses Due to Oil Prices Decreased Sharply

By CnAgri 2020-03-30 20:36:10 Print Tel:861064402118-822 Email: chen.wang@boabc.com

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In February, the cost of imports soybean around 3,300 RMB/MT, soybean oil price decreased
sharply due to U.S soybean price went down .
In February, import soybean crushing losses 10 RMB/MT, but it was profit 30 RMB/MT of last
month. Of which, the average price of soybean oil was 6,386 RMB/MT, sharply down 724
RMB/MT from last month; the average price of soybean meal was 2,863 RMB/MT, up 34
RMB/MT from last month.
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