National Grain and Material Reserve Data Center News: Firstly, the Middle East conflict has hindered international shipping and increased logistics costs, resulting in a slight increase in sea freight and costs for imported soybeans in China, supporting domestic soybean meal prices. Secondly, the progress of soybean harvesting in Brazil is relatively slow, and the import volume of soybeans in China decreased year-on-year from January to February. It is expected that the arrival volume in March will still be relatively low. But the situation in the Middle East is still unclear, and soybean meal prices will still be affected by the trend of crude oil prices in the short term.

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