The producer’s price rose RMB600/MT in Harbin and RMB900/MT in Jiangsu for Grade One soyoil and RMB900/MT in Dalian, RMB1,000/MT in Shandong and RMB700/MT in Guangdong for Grade Four soyoil on June 16 over the week before, reaching a respective level of RMB12,200/MT, RMB11,900/MT, RMB12,000/MT, RMB11,700/MT and RMB11,200/MT.
The producer’s soymeal price recorded RMB4,530/MT in Harbin, RMB4,470/MT in Dalian, RMB4,420/MT in Qinhuangdao, RMB4,400/MT in Shandong, RMB4,350/MT in Jiangsu and RMB4,550/MT in Guangdong on June 13, up RMB200/MT, RMB200/MT, RMB170/MT, RMB200/MT, RMB170/MT and RMB300/MT respectively over the week before.
The crushing of imported soybeans and domestic soybeans generated a profit of RMB308/MT and RMB321/MT respectively last week.
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