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SunSirs: The External Disk Was Bearish, the Soybean Meal Market Fell
July 21 2022 09:10:49SunSirs(John)

Price trend

According to the data monitoring of SunSirs: on July 20, the soybean meal market fell sharply, the mainstream quotation fell to 4,046 RMB/ton, the price fell by about 100 RMB/ton, and fell 2.88% in a single day.

Analysis review

The weather forecast in the outer disk was expected to increase in rainfall, and the bad news struck. The soybean meal futures market fell, and the spot market fell with the disk.

Market outlook

The subject of weather speculation is still there, and there is still room for soybean meal to rise in the market outlook.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com

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