Quotes for Imported Soybean at Shandong Ports on September 15th
Cofeed News: today(on September 15th), Dongjiakou port in Qingdao, Shandong prices 3,400 yuan/ton for PNW soybean in bulk and 3,420 yuan/ton in bags, an increase of 60-70 yuan/ton; 3,370 yuan/ton for Argentine soybean, increasing by 50 yuan/ton compared with yesterday, and 3,450 yuan/ton for Gulf soybean in bags, a rise of 20-30 yuan/ton over yesterday. Today, prices for imported and distributed soybean soar remarkably. With a gradual reduction of soybean stocks and uncertain arrival of later soybean, traders at Shandong ports are reluctant to sell out in lower prices, therefore prices for imported and distributed soybean keep high and such trend is expected to remain with strong momentum in a short term.
