Soybean Meal Trading Transactions in China-3/18/2020 | ||||
Region | Average Price (RMB/tonne) |
Total Qty. (tonne) |
Spots (tonne) |
Basis (tonne) |
Northeast | 3030 | 74000 | 4000 | 70000 |
North | 2970 | 37600 | 5600 | 32000 |
Shandong | 2946 | 90000 | 21000 | 69000 |
East | 2914 | 98500 | 23500 | 75000 |
Guangdong | 2950 | 12000 | 2000 | 10000 |
Guangxi | 2950 | 3500 | 1500 | 2000 |
Fujian | 2868 | 1600 | 1600 | 0 |
Central | 3013 | 27500 | 19500 | 8000 |
Southwest | 3100 | 9000 | 3000 | 6000 |
Nationwide Total | 2943 | 353700 | 81700 | 272000 |