Offers for Fuzhiyuan Soybean Meal Decline Slightly in Dongguan on September 20th
Cofeed News: affected by technical selling and favorable rainfall to come for the crop growth in Brazil , US soybean prices continued to plunge last night, correspondingly, soybean meal prices today in DCE also meet stagflation. Today(on September 20th), Fuzhiyaun offers 2,840 yuan/ton for November soybean meal(43% protein content) contract price upon delivery, with a drop of 10 yuan/ton over yesterday’s 2,850 yuan/ton, yet prices are negotiable. About 1,000 tons soybean meal were sold out yesterday when offered 2,840 yuan/ton. Fuzhiyuan factory is now starting up.
