Commodity News
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).
If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.
Related Information
- 2025-11-06 SunSirs: Domestic and Foreign Agricultural Product Market Dynamics for the 44th Week of 2025
- 2025-11-04 SunSirs: EU Soybean Imports for the 2025/26 Marketing Year Decreased by 15% Year-on-year as of October 26
- 2025-11-03 SunSirs: Analysis of the Impact of the Surge in Brazil’s Soybean Exports
- 2025-10-31 SunSirs: Streamlining Grain Procurement and Storage Channels to Effectively Stabilize the Grain Market
- 2025-10-31 SunSirs: Long Short Game, China Soybean Meal Market Oscillates and Rises in October
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