SunSirs: China Soybean and Soybean Meal Markets Fall on October 16
October 16 2024 14:51:50     SunSirs (Selena)On October 16th, the benchmark price of soybeans in SunSirs was 4,540.00 RMB/ton, a decrease of -4.86% compared to the beginning of this month (4,772.00 RMB/ton).
On October 16th, the benchmark price of soybean meal in SunSirs was 3,038.00 RMB/ton, a decrease of -4.65% compared to the beginning of this month (3,186.00 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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