While the crusher’s price of soyoil of Grade One was quite at RMB7,700/MT in Dalian on Dec. 29, Jiangsu saw the crusher’s price pick up RMB100/MT to a level of RMB7,300/MT, compared with the week before.
The crusher’s quotation of Grade Four soyoil was RMB6,950/MT in Shandong and RMB6,900/MT in Guangdong in the meantime, up RMB100/MT and RMB200/MT respectively over the week before. But the crusher’s price was quiet at RMB7,250/MT in Dalian.
The soyoil price upturn in some regions was accredited to the thriving consumption before the New Year’s Day.
The crusher’s soymeal price registered RMB3,150/MT in Harbin on Dec. 29, parallel to the week before. But the crusher’s soymeal price gained RMB100/MT in Dalian, RMB210/MT in Qinhuangdao, RMB210/MT in Shandong, RMB100/MT in Jiangsu and RMB50/MT in Guangdong on Dec. 29 over the week before, reaching a respective level of RMB3,160/MT, RMB3,260/MT, RMB3,230/MT, RMB3,100/MT and RMB3,150/MT.
Crushers enjoyed a profit of RMB432/MT last week from processing imported soybeans and a profit of RMB147/MT from domestic soybeans.
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