SunSirs--China Commodity Data Group

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SunSirs: Soybean Meal Market in China Improved on November 18

November 19 2021 08:22:27     SunSirs (Linda)

On November 18, the soybean meal market improved, and the price fluctuated mainly. The average soybean meal market price rose to 3,516 yuan/ton, an increase of more than 2% from last week. This round of increase is due to the low soybean meal stocks, the external market is rising, and the soybean meal market is heating up. The demand for terminal feed is not good, and the market outlook for soybean meal will still be under pressure.

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