Soybean Meal Trading Transactions in China-1/8/2019 | ||||
Region | Average Price (RMB/tonne) |
Total Qty. (tonne) |
Spots (tonne) |
Basis (tonne) |
Northeast | 2,820 | 1,000 | 1,000 | 0 |
North | 2,766 | 22,100 | 17,100 | 5,000 |
Shandong | 2,763 | 51,800 | 34,800 | 17,000 |
East | 2,730 | 35,500 | 500 | 35,000 |
Guangdong | 2,735 | 29,500 | 19,500 | 10,000 |
Guangxi | 2,743 | 9,500 | 9,500 | 0 |
Fujian | 2,725 | 2,400 | 2,400 | 0 |
Central | 2,780 | 4,000 | 4,000 | 0 |
Southwest | 2,863 | 3,500 | 3,500 | 0 |
Nationwide Total | 2,748 | 159,300 | 92,300 | 67,000 |