The producer’s soymeal price gained RMB150/MT in Harbin, RMB70/MT in Dalian, RMB80/MT in Qinhuangdao, RMB22/MT in Shandong, RMB70/MT in Jiangsu and RMB150/MT in Guangdong on Dec. 22 over the week before, reaching a respective level of RMB3,150/MT, RMB3,060/MT, RMB3,050/MT, RMB3,020/MT, RMB3,000/MT and RMB3,100/MT.
Crushers quoted a price of RMB7,700/MT in Harbin for Grade One soyoil on Dec. 22, up RMB300/MT over the week before. Meanwhile, Jiangsu’s price was flat at RMB7,200/MT.
The crushers’ quotation of Grade Four soyoil was RMB7,250/MT in Dalian, RMB6,850/MT in Shandong and RMB6,700/MT in Guangdong on Dec. 22, up RMB50/MT, RMB50/MT and RMB100/MT respectively over the week before.
Crushing generated a profit of RMB92/MT last week for mills processing domestic soybeans and RMB368/MT for mills processing imported soybeans.
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