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Analysis Report of Soybean Market in September.

Asia Africa Intelligence Wire

| October 15, 2002 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From SinoCast China Business Daily News)

CHINA, October 16, SinoCast -- The soybean price of first part of September goes up slightly, following the trend of last month. In the second part and third part of September, the soybean price goes down, due to the soybean of Huanghuai and northeast China enters market. The average price of level 3 soybean is RMB 2256 per ton in the whole country, decreasing by 0.44% over RMB 2266 per ton of the previous month. The average price of level 3 soybean for the China Zhengzhou Grain Wholesale Market is RMB 2373 per ton, increasing by 2.57% over RMB 2312 per ton of the previous month.

1 Northeast China is began to harvest …

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