On July 15th, the National Grain and Oil Information Center reported that firstly, the arrival of soybeans at ports in July will remain at a high level, and the operating rate of oil plants is at a high level. The soybean crushing volume continues to increase. Last week, the soybean crushing volume of major oil plants in China was 2.3 million tons, and it is expected to rise to 2.4 million tons this week, with an increase in soybean meal output. Secondly, the recent weak spot price of soybean meal has led downstream traders to actively reduce inventory and slow down delivery, resulting in insufficient demand for large-scale warehouse construction.

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