Soybean Meal Trading Transactions in China-3/30/2020 | ||||
Region | Average Price (RMB/tonne) |
Total Qty. (tonne) |
Spots (tonne) |
Basis (tonne) |
Northeast | 3,330 | 81,000 | 7,000 | 74,000 |
North | 3,311 | 61,500 | 21,500 | 40,000 |
Shandong | 3,289 | 118,000 | 64,000 | 54,000 |
East | 3,219 | 262,500 | 28,500 | 234,000 |
Guangdong | 3,093 | 26,000 | 26,000 | 0 |
Guangxi | 3,145 | 74,500 | 3,500 | 71,000 |
Fujian | 3,127 | 13,700 | 8,700 | 5,000 |
Central | 3,313 | 81,000 | 13,000 | 68,000 |
Southwest | 3,400 | 7,000 | 3,000 | 4,000 |
Nationwide Total | 3,271 | 725,200 | 175,200 | 550,000 |