SunSirs: Supply Pressure Remains, China Soybean Meal Market Continues to Decline
March 20 2025 16:19:54 SunSirs (Selena)
According to the commodity analysis system of SunSirs, since March, negative factors have suppressed the soybean meal market, causing a continuous decline in price. On March 1st, the average market price of soybean meal was 3,722 RMB/ton, and on March 19th, the average market price of soybean meal was 3,402 RMB/ton, a decrease of 8.6% in price.
Since March, the number of imported soybeans has increased, leading to doubled supply pressure and weak demand for terminal feed, resulting in average market transactions. The boost effect of external soybean futures is limited, and multiple negative factors are suppressing it. The spot market for soybean meal continues to decline, falling to 3,400 RMB/ton, a decrease of 300 RMB/ton from the beginning of the month.
The soybean meal analyst from SunSirs believes that at the end of March, the supply pressure of imported soybeans as raw materials was high, the terminal demand declined, and the futures market fell. The soybean meal market will continue to operate weakly in the future.
If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.
- 2025-09-03 SunSirs: It Is Expected that Soybean Meal Stocks at Oil Mills Will Sowly Accumulate in September
- 2025-09-02 SunSirs: Diverging Trends in The International Agricultural Futures Market
- 2025-08-29 SunSirs: Agricultural and Sidelines Industries Bulk Commodity Intelligence (August 29, 2025)
- 2025-08-29 SunSirs: Recent Sales of Soybean Meal in the United States and Brazil
- 2025-08-28 SunSirs: Agricultural and Sidelines Industries Bulk Commodity Intelligence (August 28, 2025)
