Commodity News
SunSirs: The Benchmark Price of Soybeans and Related Products in SunSirs Adjust on August 14
August 14 2024 10:57:56 SunSirs (Selena)
On August 14th, the benchmark price of soybeans in SunSirs was 4,820.00 RMB/ton, which remained unchanged from the beginning of this month.
On August 14th, the benchmark price of soybean meal in SunSirs was 2,924.00 RMB/ton, a decrease of 3.24% compared to the beginning of this month (3,022.00 RMB/ton).
On August 14th, the benchmark price of soybean oil in SunSirs was 7,388.00 RMB/ton, a decrease of -3.95% compared to the beginning of this month (7,692.00 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).
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
Related Information
- 2025-05-29 SunSirs: China Soybean Meal Market is Weak and Falling in May
- 2025-05-27 SunSirs: China Domestic Soybean Meal Prices are Expected to be Weak in the Near Future
- 2025-05-23 SunSirs: Brazil’s Soybean Exports are Expected to Reach 14.52 Million Tons in May 2025
- 2025-05-23 SunSirs: Loose Supply, China Soybean Meal Market Continues to Decline
- 2025-05-22 SunSirs: It is Expected that the Accumulation Rate of Soybean Meal in Oil Plants will Accelerate in June
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