SunSirs--China Commodity Data Group

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Commodity News

SunSirs: China Soybean and Soybean Meal Markets Fall on October 10

October 10 2024 15:15:21     SunSirs (Selena)

On October 10th, the benchmark price of soybeans in SunSirs was 4,704.00 RMB/ton, a decrease of -1.42% compared to the beginning of this month (4,772.00 RMB/ton).

On October 10th, the benchmark price of soybean meal in SunSirs was 3,114.00 RMB/ton, a decrease of -2.26% compared to the beginning of this month (3,186.00 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).

 

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