SunSirs: Before the Mid-Autumn Festival, Performance of Soybean Meal in the Chinese Market is still Strong
September 18 2021 08:07:25 SunSirs (Linda)
Since September, soybean meal has performed strongly, with prices mainly rising steadily. The stocking market before the Mid-Autumn Festival is boosted, and soybean meal ushered in a rising market. On September 13, the average market price of domestic soybean meal was 3810 yuan/ton. On the 17th, the average price of soybean meal in the market was 3860 yuan/ton, and the overall price rose 1.31%.
Stocking market pulls strong pre-holiday soybean meal market performance
September 13 1%. The terminal feed stocking market has led to a strong performance of soybean meal. As of September 17, the price of soybean meal has increased by 1.31% from the beginning of the week.
After the Mid-Autumn Festival, U.S. soybeans have been listed one after another, and the bullish factors are still there. Soybean meal still has room to rise.
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