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Offers for Fuzhiyuan Soybean Meal Rise with Futures in Dongguan on October 9th

2017-10-09 www.cofeed.com
    Cofeed News: US soybeans prices registered upward during national holidays in light of robust exports but delayed harvest and alarming weather in South America, by contrast, soybean meal prices in DCE today start to rebound. Today(on October 9th), November soybean meal(43% protein content) contract upon delivery are climbed to 2,920 yuan/tonne($440/tonne) by Fuzhiyaun with a rise of 30 yuan/tonne against 2,890 yuan/tonne($436/tonne) before holidays. No transaction was made before holidays when offered 2,880($434/tonne)yuan/tonne upon transaction. Fuzhiyuan factory is now starting up.