Quotes for Imported Soybean at Shandong Ports on September 13th
Cofeed News: today(on September 13th), Dongjiakou port in Qingdao, Shandong prices 3,340-3,350 yuan/ton for PNW soybean in bulk, and 3,360-3,390 yuan/ton for Argentine soybean of which 3,270 yuan/ton for poorer quality, all of which remain stable over yesterday. Today, prices for imported and distributed soybean remain stable. With gradual reduction of soybean stocks at Shandong ports, traders are generally reluctant to sell out in lower prices in case of few arrival of soybean at ports later, hence they hold a wait-and-see attitude towards this issue for the time being, accordingly, prices for imported and distributed soybean keep high and such trend is expected to remain with strong momentum in a short term.
