Commodity News
SunSirs: Narrow Fluctuations in China Domestic Soybean Meal Prices since Mid October
October 30 2024 14:49:00 SunSirs (Selena)
On October 29th, the National Grain and Oil Information Center reported that domestic soybean meal prices have fluctuated narrowly at low levels in the past three weeks. On October 28th, the closing price of the Dalian Commodity Exchange soybean meal 2501 contract was 2,985 RMB/ton, unchanged on a weekly basis and down 3.4% on a monthly basis. In terms of spot goods, the price of ordinary soybean meal in coastal areas ranges from 2950 to 3,050 RMB/ton, which is basically unchanged on a weekly basis. Downstream procurement in North China is not active, with prices 20-50 RMB/ton lower than in South China.
If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.
Related Information
- 2026-02-13 SunSirs: China Soybean Products Market Prices Are Stable and Falling on February 13
- 2026-02-12 SunSirs: China Soybean and Soybean Meal Markets Are Slightly Stable on February 12
- 2026-02-11 SunSirs: It Is Expected the Soybean Meal Inventory in China Oil Factory Will Be Around 700,000 Tons by the End of February
- 2026-02-10 SunSirs: Agricultural Products Industries Bulk Commodity Intelligence (February 10, 2026)
- 2026-02-10 SunSirs: Long Short Game, Weak Operation of China Soybean Meal Market
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