Soybean Meal Trading Transactions in China-2/3/2020 | ||||
Region | Average Price (RMB/tonne) |
Total Qty. (tonne) |
Spots (tonne) |
Basis (tonne) |
Northeast | 2990 | 15,000 | 15,000 | 0 |
North | 2905 | 53,500 | 27,300 | 26,200 |
Shandong | 2855 | 41,000 | 32,000 | 9,000 |
East | 2778 | 176,300 | 51,900 | 124,400 |
Guangdong | 2728 | 72,000 | 12,000 | 60,000 |
Guangxi | 2760 | 5,500 | 5,500 | 0 |
Fujian | 2745 | 3,000 | 3,000 | 0 |
Central | 2900 | 4,800 | 4,800 | 0 |
Southwest | 3120 | 4,000 | 0 | 4,000 |
Nationwide Total | 2825 | 375,100 | 151,500 | 223,600 |