SunSirs--China Commodity Data Group

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Commodity News

SunSirs: China Soybean and Soybean Meal Markets Fluctuate on September 18

September 18 2024 14:53:30     SunSirs (Selena)

On September 18th, the benchmark price of soybeans in SunSirs was 4,808.00 RMB/ton, a decrease of -0.25% compared to the beginning of this month (4,820.00 RMB/ton).

On September 18th, the benchmark price of soybean meal in SunSirs was 3,092.00 RMB/ton, an increase of 1.31% 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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