Commodity News
SunSirs: China Soybean and Soybean Meal Markets Fall on October 16
October 16 2024 14:51:50 SunSirs (Selena)
On October 16th, the benchmark price of soybeans in SunSirs was 4,540.00 RMB/ton, a decrease of -4.86% compared to the beginning of this month (4,772.00 RMB/ton).
On October 16th, the benchmark price of soybean meal in SunSirs was 3,038.00 RMB/ton, a decrease of -4.65% 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).
If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.
Related Information
- 2024-12-23 SunSirs: It is Expected China Domestic Soybean Meal Prices will still Decline in the Future
- 2024-12-23 SunSirs: Poor Demand for Domestic Feed, China Soybean Meal Market is Weak and Declining
- 2024-12-13 SunSirs: NegativeTrend, China Domestic Soybean Meal Market Continues to Decline weakly
- 2024-12-11 SunSirs: The Inspection Volume of US Soybean Exports was 1,622,197 Tons as of the Week Ending December 5
- 2024-12-09 SunSirs: Brazil’s Soybean Exports Amounted to 2.55 Million Tons in November 2024
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