Soybean Crushing Profit was Good Due to Its Products Prices Increased Sharply

By CnAgri 2020-08-07 10:40:32 Print Tel:861064402118-822 Email: chen.wang@boabc.com

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In July, the cost of imports soybean around 3,120 RMB/MT, both prices of soybean oil and meal increased sharply.

In July, import soybean crushing profit was 152 RMB/MT, but it was loss 64 RMB/MT last month. Of which, the average price of soybean oil was 6,122 RMB/MT, sharply up 294 RMB/MT from last month; the average price of soybean meal was 2,965 RMB/MT, up 181 RMB/MT from last month.


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