On December 27th, the National Grain and Oil Information Center reported that on December 26th, the closing price of the Dalian Commodity Exchange soybean meal 2505 contract was 2,668 RMB/ton, slightly up 0.9% from the previous trading day and up 3.7% from the same period last week. In terms of spot goods, the price of ordinary soybean meal in coastal areas is 2,800-2,950 RMB/ton, up 10-30 RMB/ton from the previous day and 30-60 RMB/ton from the same period last week. Some oil factories in southern China are shut down due to bean shortage, and soybean meal prices are 20-50 RMB/ton higher than in northern China.

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