The producer’s price of soyoil of Grade One was RMB11,700/MT in Harbin and RMB11,000/MT in Jiangsu on June 6, down RMB100/MT and RMB100/MT respectively from the week before. Soyoil of Grade Four was quoted RMB11,700/MT in Dalian and RMB10,500/MT in Guangdong, down RMB100/MT but up RMB200/MT respectively against the week before. Shandong’s price of Grade Four soyoil was quiet at RMB10,700/MT.
The producer’s soymeal price recorded RMB4,290/MT in Harbin, RMB4,170/MT in Dalian, RMB4,120/MT in Qinhuangdao, RMB4,120/MT in Shandong, RMB4,080/MT in Jiangsu and RMB4,100/MT in Guangdong on June 6, up RMB10/MT, RMB30/MT, RMB100/MT, RMB120/MT, RMB20/MT and RMB50/MT respectively over the week before.
Crushers gained a profit of RMB154/MT from processing domestic soybeans and RMB132/MT from processing imported soybeans last week, both slightly more than the week before.
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