According to the National Grain and Oil Information Center, the domestic soybean meal futures price fluctuated significantly during the week of July 25th. Due to the upward trend of US soybean futures price and the increase in import costs, the main contract of Dalian Commodity Exchange rose to a high of 3,121 yuan/ton on July 23rd, reaching a new high in nearly three months; Later, due to weakened demand expectations and technical corrections, the market fell. On July 25th, the closing price of the Dalian Commodity Exchange soybean meal 2509 contract was 3,021 yuan/ton, a decrease of 35 yuan/ton or 1.15% compared to the same period last week.

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