Prices for Cargill Soybean Meal Pick up in Nantong, Jiangsu on September 22nd
Cofeed News: affected by technical buying and stronger-than-expected exports in US, US soybean and soybean meal continued to end the day higher last night, accordingly, soybean meal futures in DCE today rebound moderately. Today(on September 22nd), basis for soybean meal(43% protein content) in Nantong, Jiangsu for October is M1801+90, a rise of 10 yuan/ton over yesterday; M1801+70 from October to January in the following year., which remains firm. No transaction was made yesterday upon such basis. Cargill is now staring up in which 5,000 tons of soybean are processed each day, by the way, it will continue operation during national holidays. Three ships will arrive in the factory in September, namely, in early September and on September 14th and 26th.
