Offers for Jiusan Soybean Meal Spots in Tianjin Remain Stable on September 29th
Cofeed News: today(on September 29th), soybean meal(43% protein content) spots price settles at 3,000 yuan/tonne in Jiusan, remaining flat over yesterday, yet prices are negotiable. No transaction was made yesterday when offered 2,980 yuan/tonne upon transaction. The spread for soybean meal(45% protein content) stays at +160, +200 for soybean meal(46% protein content). Jiusan processes 5,000 tonnes soybean for one day by two-line operation, but a full stop will be dated on September 30th to October 6th owing to national holidays in China. One ship loaded with soybean has arrived on September 16th.
