On September 29th, the National Grain and Oil Information Center reported that the cost of imported soybeans slightly decreased during the week of September 26th, but domestic soybean meal prices fell by more than 2% on a weekly basis. The profit margin for crushing Brazilian soybeans imported by China's shipping schedule in recent months has been poor. On September 26th, China imported soybeans from Brazil with shipping schedules in November and December, with a crushing profit of -185 to -153 RMB/ton. Calculated based on the basis difference of soybean meal and oil in the far months of southern China, the spot crushing profit was -179 to -110 RMB/ton.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.