SunSirs--China Commodity Data Group

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Commodity News

SunSirs: China Soybean and Soybean Meal Markets Fluctuate on September 5

September 05 2024 15:40:56     SunSirs (Selena)

On September 5th, the benchmark price of soybeans in SunSirs was 4,812.00 RMB/ton, a decrease of -0.17% compared to the beginning of this month (4,820.00 RMB/ton).

On September 5th, the benchmark price of soybean meal in SunSirs was 3,124.00 RMB/ton, an increase of 2.36% compared to the beginning of this month (3,052.00 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).

 

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