Spot Prices for Tianjin Jiusan Remain Stable on September 12th
Cofeed News: today(on September 12th), Tianjin Jiusan offers 2,850 yuan/ton for soybean meal(43% protein content) spots, which remains flat over yesterday, yet prices are negotiable. No transaction was made yesterday when offered 2,830 yuan/ton. The spread for soybean meal(45% protein content) is +90 yuan/ton, +120 yuan/ton for that of 46% protein content. Jiusan changes its operation to single line, processing 2,500 tons soybean for one day, in addition, two ships loaded with soybean will arrive in September, and one ship in October.
