According to the commodity market analysis system of the business community, after the Mid Autumn Festival, the domestic soybean meal market fluctuated and rose. The average market price was about 3,100 RMB/ton, with an overall increase of more than 1%. On September 16th, the average market price of soybean meal was 3,092 RMB/ton, and on September 19th, the average market price of soybean meal was 3,130 RMB/ton, an increase of 1.23%.

After the Mid-Autumn Festival, the demand for end feed increased, and the soybean meal market fluctuated, with the price rising to 3,130 RMB/ton, up about 1%. There is a long short game in the external market news, and the soybean meal futures market is fluctuating. The pressure on domestic soybean meal inventory remains, with limited upward potential, and overall oscillation is dominant.

The soybean meal analyst of SunSirs believes that the rigid demand for terminal feed has increased, and there is still room for upward trend in the future market of soybean meal.

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