SunSirs: China Soybean and Soybean Meal Markets Fall on October 17
October 17 2024 15:54:05     SunSirs (Selena)On October 17th, the benchmark price of soybeans in SunSirs was 4,492.00 RMB/ton, a decrease of -5.87% compared to the beginning of this month (4,772.00 RMB/ton).
On October 17th, the benchmark price of soybean meal in SunSirs was 3,048.00 RMB/ton, a decrease of -4.33% 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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