Soybean Meal Offers Meet Steady Stagflation in Quanzhou, Fujian on September 27th
Cofeed News: today(on September 27th), the offer for soybean meal with 43% protein content in Fuhai, Quanzhou settles at 2,840 yuan/tonne, remaining flat over yesterday. No transaction was made yesterday. Affected by technical selling and the progress in harvest, along with pressing higher-than-expected soybean yield, US soybeans prices continued to slump last night, the same trend going to soybean meal prices in DCE today. Accordingly, soybean meal offers meet stagflation in Fuhai today.
