On August 14th, the benchmark price of soybeans in SunSirs was 4,820.00 RMB/ton, which remained unchanged from the beginning of this month.

On August 14th, the benchmark price of soybean meal in SunSirs was 2,924.00 RMB/ton, a decrease of 3.24% compared to the beginning of this month (3,022.00 RMB/ton).

On August 14th, the benchmark price of soybean oil in SunSirs was 7,388.00 RMB/ton, a decrease of -3.95% compared to the beginning of this month (7,692.00 RMB/ton).

Application of SunSirs Benchmark Pricing

Traders can price spot and contract transactions based on the pricing principle of agreed markup and pricing formula (Transaction price=SunSirs price + Markup).

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.