According to European Commission data, as of October 26, EU soybean meal imports reached 5.68 million tons, a 3.6% year-on-year decrease.

This 3.6% year-on-year decrease in EU soybean meal imports indicates weak demand, potentially leading to oversupply and exerting downward pressure on soybean meal spot prices. Based on Dalian Commodity Exchange soybean meal futures contract data (e.g., the closing price of the 2601 contract at 2,975 RMB/ton, a change of +32 RMB/ton), while the market currently has short-term support, news of weakening demand may curb future price increases.

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