Price trend

According to the monitoring data of SunSirs, on March 23, the soybean meal market rose slightly, and the mainstream quotation was 5,400 RMB/ton.

Analysis review                                          

Affected by the epidemic, the difficulties in logistics and transportation have increased, supported by the rigid demand for soybean meal at the terminal, and the soybean meal market has remained high.

Market outlook

It is expected that in the short term, the soybean meal market will still run at a high level.

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