Soybean Meal Trading Transactions in China-3/31/2020 | ||||
Region | Average Price (RMB/tonne) |
Total Qty. (tonne) |
Spots (tonne) |
Basis (tonne) |
Northeast | 3,330 | 140,000 | 10,000 | 130,000 |
North | 3,300 | 44,500 | 12,500 | 32,000 |
Shandong | 3,340 | 7,000 | 1,500 | 5,500 |
East | 3,201 | 44,000 | 11,000 | 33,000 |
Guangdong | 3,083 | 13,000 | 13,000 | 0 |
Guangxi | 3,120 | 14,000 | 4,000 | 10,000 |
Fujian | 3,109 | 13,400 | 13,400 | 0 |
Central | 3,310 | 3,200 | 3,200 | 0 |
Southwest | 3,400 | 2,500 | 2,500 | 0 |
Nationwide Total | 3,263 | 281,600 | 71,100 | 210,500 |