On July 21st, the National Grain and Oil Information Center reported that domestic soybean meal prices followed the rise in foreign markets last week. On July 18th, the closing price of the Dalian Commodity Exchange soybean meal 2509 contract was 3,056 RMB/ton, an increase of 27 RMB/ton or 0.89% from the previous trading day, and an increase of 80 RMB/ton or 2.69% from the same period last week. The price of ordinary soybean meal in coastal areas is 2,860-2,980 RMB/ton, an increase of 20-40 RMB/ton from the previous day and 40-80 RMB/ton from the same period last week.

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