The producer’s price of Grade One soyoil was flat in Jiangsu at RMB11,900/MT but rose RMB100/MT in Harbin to a level of RMB12,100/MT on July 7 against the week before.
Crushers’ quotation of Grade Four soyoil was RMB11,800/MT in Dalian, RMB11,400/MT in Shandong and RMB11,400/MT in Guangdong on July 7, up RMB100/MT, but down RMB100/MT and down RMB100/MT respectively against the week before.
Soymeal price was RMB4,730/MT in Harbin, RMB4,850/MT in Dalian, RMB4,720/MT in Qinhuangdao, RMB4,720/MT in Shandong, RMB4,700/MT in Jiangsu and RMB4,700/MT in Guangdong on July 7, up RMB100, RMB150/MT, RMB20/MT, RMB100/MT, RMB80/MT and RMB50/MT respectively over the week before.
Soybean crushing generated a profit of RMB232/MT out of domestic soybeans and a profit of RMB358/MT out of imported soybeans last week.
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