SunSirs: China Soybean and Soybean Meal Markets Fall and Rise on November 8
November 08 2024 15:05:26     SunSirs (Selena)On November 8th, the benchmark price of soybeans in SunSirs was 4,084.00 RMB/ton, a decrease of -2.30% compared to the beginning of this month (4,180.00 RMB/ton).
On November 8th, the benchmark price of soybean meal in SunSirs was 3,154.00 RMB/ton, an increase of 3.96% compared to the beginning of this month (3,034.00 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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