BEIJING (Dow Jones)--Soybean prices in China's major producing areas were slightly lower in the week to Friday as some processing plants stopped purchases due to weakening profits. Soybean prices in Jiamusi in Heilongjiang province, a major producer, were around CNY3,320 a metric ton, compared with CNY3,320-CNY3,360/ton the week before. The prices in Suihua in the same province were around CNY3,360/ton, compared with CNY3,360-CNY3,400/ton a week ago. Soybean prices may fall more as supplies rise with farmers being forced to sell their crop to prepare for the upcoming spring plantation. Also, with the weather turning warmer, it is becoming increasingly difficult for them to hold on to their crop, said analysts. Still, demand for imported soybeans will remain high in coming weeks as the overseas product is much cheaper than the local one, the China National Grain and Oils Information Center said in its note. Soyoil prices were mixed, but prices in some areas stopped falling as traders stepped up their purchases. First-grade soyoil in Lianyungang in Jiangsu province was between CNY6,650-CNY6,700/ton, compared with CNY6,650-CNY6,680/ton a week ago. In Dongguan in Guangdong province, they were around CNY6,600-CNY6,650/ton, compared with CNY6,450-CNY6,550/ton a week ago. Soymeal prices were higher, along with the rise in futures prices and an increase in companies' purchase. In Lianyungang, soy meal was around CNY2,850/ton, up from CNY2,750-CNY2,800/ton a week ago; in Dongguan, the prices were around CNY2,760-CNY2,800/ton compared with CNY2,720-CNY2,800/ton a week ago. -Zheng Xiaolu contributed to this story, Dow Jones Newswires; 8610 6588-5848; tracy.zheng@dowjones.com
Регион | Закуп. | Изм. | Прод. | Изм. |
---|---|---|---|---|
ЦФО |
29150.00 | + 700 | 29160.00 | + 660 |
ПФО |
27950.00 | + 300 | 28050.00 | + 50 |
СКФО |
28700.00 | + 500 | 28950.00 | - 50 |
ЮФО |
28150.00 | - 200 | 28950.00 | - 50 |
СФО |
28400.00 | - 100 | 28300.00 | - 200 |
Регион | Закуп. | Изм. | Прод. | Изм. |
---|---|---|---|---|
ЦФО |
71000.00 | + 850 | 73250.00 | + 1380 |
ЮФО |
69800.00 | + 200 | 74000.00 | + 3500 |
ПФО |
71000.00 | + 1450 | 73000.00 | + 2950 |
СФО |
72000.00 | + 1800 | 75000.00 | + 4500 |
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