Soybean Crushing Turn to Profit Due to Ite Products Prices Increased Sharply

In April, the cost of imports soybean around 3,300 RMB/MT, both prices of soybean oil and meal increased sharply.
In April, import soybean crushing profit was 42 RMB/MT, but it was lost 113 RMB/MT last month. Of which, the average price of soybean oil was 5,687 RMB/MT, up 122 RMB/MT from last month; the average price of soybean meal was 3,178 RMB/MT, sharply up 157 RMB/MT from last month.