The producer’s price was RMB12,000/MT in Harbin and RMB11,150/MT in Jiangsu for Grade One soyoil and RMB11,500/MT in Dalian, RMB10,700/MT in Shandong and RMB10,500/MT in Guangdong for Grade Four soyoil on May 26, down RMB100/MT, RMB150/MT, RMB100/MT, RMB300/MT and RMB100/MT respectively from the previous week.
Meanwhile, soymeal price gained RMB150/MT in Harbin, RMB100/MT in Dalian, RMB90/MT in Qinhuangdao, RMB160/MT in Shandong, RMB150/MT in Jiangsu and RMB100/MT in Guangdong, reaching a level of RMB4,150/MT, RMB4,100/MT, RMB4,020/MT, RMB4,000/MT, RMB4,000/MT and RMB4,050/MT respectively.
The crushing of imported soybeans generated a profit of RMB145/MT but the crushing of domestic soybeans generated a loss of RMB30/MT last week.
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