Soybean Meal Trading Transactions in China-4/13/2020 | ||||
Region | Average Price (RMB/tonne) |
Total Qty. (tonne) |
Spots (tonne) |
Basis (tonne) |
Northeast | 3,200 | 2,000 | 2,000 | 0 |
North | 3,151 | 59,000 | 9,000 | 50,000 |
Shandong | 3,130 | 51,000 | 17,000 | 34,000 |
East | 3,192 | 69,000 | 1,000 | 68,000 |
Guangdong | 2,980 | 6,500 | 4,500 | 2,000 |
Guangxi | 2,932 | 10,000 | 9,000 | 1,000 |
Fujian | 2,990 | 5,000 | 5,000 | 0 |
Central | 3,235 | 21,200 | 1,200 | 20,000 |
Southwest | 3,260 | 1,840 | 1,840 | 0 |
Nationwide Total | 3,176 | 225,540 | 50,540 | 175,000 |