Offers for Fuzhiyuan Soybean Meal Decline Slightly in Dongguan on September 18th
Cofeed News: on account of profits taking, soybeans prices in US trading plunged last Friday, correspondingly, soybean meal prices today in DCE also meet stagflation. Today(on September 18th), Fuzhiyaun offers 2,860 yuan/ton for its November soybean meal(43% protein content) contract price upon delivery, with a drop of 10 yuan/ton over last Friday’s 2,870 yuan/ton, yet prices are negotiable. No transaction was made last Friday when offered 2,840 yuan/ton. Fuzhiyuan factory is now starting up.
