Soybean Meal Trading Transactions in China-3/16/2020 | ||||
Region | Average Price (RMB/tonne) |
Total Qty. (tonne) |
Spots (tonne) |
Basis (tonne) |
Northeast | 3030 | 45000 | 5000 | 40000 |
North | 2960 | 6500 | 3500 | 3000 |
Shandong | 2933 | 53500 | 23000 | 30500 |
East | 2886 | 26800 | 19800 | 7000 |
Guangdong | 2950 | 12000 | 1000 | 11000 |
Guangxi | 2950 | 4000 | 4000 | 0 |
Fujian | 2852 | 1800 | 1800 | 0 |
Central | 2980 | 24000 | 14000 | 10000 |
Southwest | 3100 | 0 | 0 | 0 |
Nationwide Total | 2938 | 173600 | 72100 | 101500 |