Spot Prices for Tianjin Jiusan Soybean Meal Remain Stable on September 14th
Cofeed News: today(on September 14th), Tianjin Jiusan offers 2,850 yuan/ton for soybean meal(43% protein content) spots, which remains flat over yesterday, yet prices are negotiable. About 5,000 tons soybean meal were sold out yesterday when offered 2,800 yuan/ton. Basis upon delivery is M1801+120 from October 11th, M1801+110 from November 1st, M1801+90 from December 1st, M1801+90 from January 1st in the following year. 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.
