Soybean Meal Trading Transactions in China-3/17/2020 | ||||
Region | Average Price (RMB/tonne) |
Total Qty. (tonne) |
Spots (tonne) |
Basis (tonne) |
Northeast | 3040 | 19000 | 7000 | 12000 |
North | 2970 | 28900 | 7900 | 21000 |
Shandong | 2931 | 169600 | 7600 | 162000 |
East | 2908 | 19200 | 7900 | 11300 |
Guangdong | 2950 | 6000 | 2000 | 4000 |
Guangxi | 2950 | 2000 | 2000 | 0 |
Fujian | 2865 | 18600 | 18600 | 0 |
Central | 3005 | 2900 | 2900 | 0 |
Southwest | 3080 | 10000 | 0 | 10000 |
Nationwide Total | 2939 | 276200 | 55900 | 220300 |