The producer’s price of soyoil of Grade One registered RMB7,800/MT in Harbin and RMB7,100/MT in Jiangsu on Nov. 3, down RMB100/MT but up RMB450/MT respectively against the week before.
Grade Four soyoil was quoted RMB7,200/MT in Dalian, RMB6,800/MT in Shandong and RMB6,200/MT in Guangdong in the meantime, up RMB100/MT, RMB500/MT and RMB600/MT respectively.
Except a flat price of RMB3,470/MT in Harbin, soymeal price picked up RMB160/MT in Dalian, RMB90/MT in Qinhuangdao, RMB100/MT in Shandong, RMB70/MT in Jiangsu and RMB100/MT in Guangdong on Nov. 3 over the previous week, reaching a level of RMB3,420/MT, RMB3,420/MT, RMB3,350/MT, RMB3,320/MT and RMB3,250/MT respectively.
Crushers gained a profit of RMB250/MT from processing imported soybeans but suffered a loss of RMB58/MT from processing domestic soybeans last week.
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