The producer’s price of soyoil of Grade One was RMB7,400/MT in Harbin and RMB7,050/MT in Jiangsu on Nov. 24, down RMB400/MT and RMB250/MT respectively from the week before.
The crushers’ quotation of Grade Four soyoil was RMB7,100/MT in Dalian, RMB6,650/MT in Shandong and RMB6,400/MT in Guangdong, down RMB200/MT, RMB350/MT and RMB100/MT respectively.
The producer’s soymeal price registered RMB3,150/MT in Harbin, RMB3,100/MT in Dalian, RMB3,200/MT in Qinhuangdao, RMB3,100/MT in Shandong, RMB3,100/MT Jiangsu and RMB3,050/MT in Guangdong on Nov. 24, down RMB50/MT, RMB140/MT, RMB100/MT, RMB230/MT, RMB150/MT and RMB200/MT respectively from the week before.
Crushing generated a profit of RMB48/MT for mills processing imported soybeans but a loss of RMB67/MT for those processing domestic soybeans.
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