Commodity News
SunSirs: It is Expected that China Domestic Soybean Meal Prices will Remain Stable with some iIncrease in the Future
November 13 2024 11:17:56 SunSirs (Selena)
National Grain and Oil Information Center News: Firstly, the US Department of Agriculture has lowered the production of US soybeans for the new season, which will benefit US soybean prices and boost domestic soybean meal prices. Secondly, the number of soybean purchases during the November December shipping period is less than in the third quarter, and it is expected that the import volume of soybeans to ports will decrease in the future. The operating rate of oil plants will also decline, and soybean meal inventory may continue to decrease, supporting domestic soybean meal prices.
If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.
Related Information
- 2025-03-11 SunSirs: It is Expected that the Domestic Soybean Meal Price will be Strong in Late March
- 2025-03-10 SunSirs: EU Imports 12.84 Million Tons of Soybean Meal in 2024/25 as of March 2
- 2025-03-10 SunSirs: Negative Pressure, China Soybean Meal Market Plummets
- 2025-02-28 SunSirs: Positive Support, China Soybean Meal Market Continues to Rise in February 2025
- 2025-02-25 SunSirs: China Domestic Soybean Meal Prices Continued to Show a Strong Trend on the Week of February 21
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