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SunSirs: Soybean Meal Prices Rose Slightly on April 18
April 19 2022 09:02:47SunSirs(John)

Price trend

According to the monitoring data of SunSirs, on April 18, the domestic soybean meal market rose slightly as a whole, with an average market price of 4,690 RMB/ton, an increase of 0.43% in a single day.

Analysis review

The outer disk futures market pulled up, the Dalian soybean meal futures market rose, supported by terminal rigid demand, and the soybean meal market recovered.

Market outlook

It is expected that the soybean meal market will continue to rise in the future.

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