SunSirs: China Domestic Soybean Meal Prices are Expected to Fluctuate within a Range in Late October
October 15 2024 09:32:12 SunSirs (Selena)
On October 14th, the National Grain and Oil Information Center reported that the United States has harvested more than half of its soybeans, and the high-yield pattern has been established. With improved rainfall and accelerated planting in Brazil, it is expected that US soybean prices will remain weak in the short term, which will be negative for domestic soybean meal prices. Secondly, although domestic soybean meal inventory has decreased since September, it remained at a high level of over 1.2 million tons in early October, which will suppress domestic soybean meal prices. Overall, it is expected that the price range of domestic soybean meal will fluctuate in late October, and attention should be paid to the subsequent arrival of imported soybeans and the operation of oil plants.
If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.
- 2026-01-07 SunSirs: China Soybean Meal Inventory in the Oil Factory Is Expected to Be around 900,000 tons by the end of January 2026
- 2026-01-06 SunSirs: US Soybean Meal Inventory Hits 12-month High
- 2025-12-31 SunSirs: Agricultural Products Industries Bulk Commodity Intelligence (December 31, 2025)
- 2025-12-31 SunSirs: High Inventory of China Soybean Meal Accumulation Is Bearish
- 2025-12-30 SunSirs: Agricultural and Sideline Industries Bulk Commodity Intelligence (December 30, 2025)
