Soybean Meal Trading Transactions in China-3/26/2020 | ||||
Region | Average Price (RMB/tonne) |
Total Qty. (tonne) |
Spots (tonne) |
Basis (tonne) |
Northeast | 3,250 | 4,000 | 0 | 4,000 |
North | 3,180 | 59,000 | 12,000 | 47,000 |
Shandong | 3,190 | 7,000 | 2,000 | 5,000 |
East | 3,130 | 25,300 | 10,300 | 15,000 |
Guangdong | 3,080 | 4,000 | 0 | 4,000 |
Guangxi | 3070 | 11,000 | 2,000 | 9,000 |
Fujian | 3,067 | 9,200 | 9,200 | 0 |
Central | 3,160 | 500 | 500 | 0 |
Southwest | 3,340 | 500 | 0 | 500 |
Nationwide Total | 3,163 | 120,500 | 36,000 | 84,500 |