Offers for Jiusan Soybean Meal Remain Stable in Dalian, Liaoning on September 19th
Cofeed News: today(on September 19th), Jiusan in Dalian, Liaoning offers 2,980 yuan/ton for soybean meal(43% protein content) spots, keeping flat over yesterday, yet prices are negotiable and basis stops to quote. The spread for soybean meal(45% protein content) is +90 yuan/ton. No transaction was made yesterday. Though 5,000 tons of soybean are processed each day with two-line operation, inventory pressure still exits since shipments are quite slow. Overall, soybean meal prices keep stable for poor performance of soybean meal futures in DCE.
