Data from the EU indicates that, as of May 31, total EU soybean meal imports for the 2025/26 season have fallen by 6% year-on-year; while Brazil and Ukraine saw their market shares increase, Argentina's share declined.

As a major global market for soybean meal, the EU's 6% year-on-year drop in imports through the end of May reflects weak regional demand. This exerts marginal downward pressure on the global supply-demand balance, indirectly weighing on domestic spot prices for soybean meal. In the futures market, the benchmark soybean meal contract (2609) on the Dalian Commodity Exchange closed at 2,918 RMB/tonne on June 5, 2026—down 32 RMB/tonne from the previous trading day—with open interest decreasing by 15,915 lots, signaling an overall bearish trend in trading.

SunSirs has been continuously tracking price data for over 200 commodities for nearly 20 years, please contact support@sunsirs.com for subscription.