1.1 Soybean Crushing Profit Recreased Sharply Due to Its Products Prices went up Sharply

By CnAgri 2021-02-07 11:14:19 Print Tel:861064402118-822 Email: chen.wang@boabc.com

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In January, the cost of imports soybean around 3,320 RMB/MT, both prices of soybean oil and meal increased sharply.

In January, import soybean crushing profit was 1,082 RMB/MT, sharply up 519 RMB/MT from last month. Of which, the average price of soybean oil was 8,710 RMB/MT, sharply up 356 RMB/MT from last month; the average price of soybean meal was 3,818 RMB/MT, up 612 RMB/MT from last month.

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