On February 24th, the benchmark price of soybeans in SunSirs was 4,468.00 RMB/ton, unchanged from the beginning of this month.

On February 24th, the benchmark price of soybean meal in SunSirs was 3,164.00 RMB/ton, a decrease of 0.44% compared to the beginning of this month (3,178.00 RMB/ton).

On February 24th, the benchmark price of soybean oil in SunSirs was 8,354.00 RMB/ton, a decrease of 3.31% compared to the beginning of this month (8,640.00 RMB/ton).

Application of SunSirs Benchmark Pricing

Traders can price spot and contract transactions based on the pricing principle of agreed markup and pricing formula (Transaction price=SunSirs price + Markup).

SunSirs has been continuously tracking price data for over 200 commodities for more than 15 years, please contact support@sunsirs.com for subscription.