Soybean crushers quoted a price of RMB7,200/MT in Harbin and RMB6,850/MT in Jiangsu for Grade soyoil on Feb. 23, down RMB100/MT and RMB250/MT respectively from the week before. The quotation of Grade Four soyoil was RMB6,700/MT in Dalian, RMB6,400/MT in Shandong and RMB6,350/MT in Guangdong in the meantime, down RMB100/MT, RMB300/MT and RMB150/MT respectively.
Soymeal price dropped RMB150/MT in Harbin, RMB310/MT in Dalian, RMB330/MT in Qinhuangdao, RMB270/MT in Qingdao, RMB350/MT in Jiangsu and RMB270/MT in Guangdong on Feb. 23 from the week before, falling to RMB3,100/MT, RMB2,900/MT, RMB2,850/MT, RMB2,850/MT, RMB2,850/MT and RMB2,900/MT respectively.
Crushing of imported soybeans and domestic soybeans generated a loss of RMB6/MT and RMB180/MT respectively last week.
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