Soybean Crushing Losses eased Due to Soyoil Prices Increased Sharply

In June, the cost of imports soybean around 3,150 RMB/MT, soybean oil price went up sharply while meal decreased.
In June, import soybean crushing loss was 86 RMB/MT, down 63 RMB/MT from last month. Of which, the average price of soybean oil was 5,828 RMB/MT, sharply up 306 RMB/MT from last month; the average price of soybean meal was 2,784 RMB/MT, down 61 RMB/MT from last month.