The crushers’ quotation of Grade One soyoil was RMB11,900/MT in Harbin and RMB11,600/MT in Jiangsu on July 14, down RMB200/MT and RMB300/MT respectively from the week before. Grade Four soyoil price dropped RMB200/MT in Dalian, RMB100/MT in Shandong and RMB200/MT in Guangdong in the meantime, down to a respective level of RMB11,600/MT, RMB11,300/MT and RMB11,200/MT.
Soymeal price was RMB4,680/MT in Harbin, RMB4,850/MT in Dalian, RMB4,620/MT in Qinhuangdao, RMB4,630/MT in Shandong, RMB4,600/MT in Jiangsu and RMB4,550/MT in Guangdong on July 14, down RMB50/MT, RMB10/MT, RMB100/MT, RMB90/MT, RMB100/MT and RMB150/MT respectively from the week before.
Crushers obtained a profit of RMB167/MT from processing imported soybeans and RMB93/MT from domestic soybeans last week, both less than the previous week.
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