# Domestic soybean spot prices show structural divergence

> Chinese domestic soybean spot prices have held firm this year, supported by higher planting costs, reduced planting area expectations and the strong El Niño. High-protein, good-quality beans are commanding premiums of about 5,200-5,300 yuan/t, while low-protein, green-bean lots trade at 4,800-5,100 yuan/t. Processors are still reluctant to buy ordinary beans, and soymeal stocks are building.

- Date: 2026-11-13 · published 2026-11-15T01:37:11.474Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/100466-domestic-soybean-spot-prices-show-structural-divergence
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Buyers should expect a wide quality spread, with protein content driving price. Weak crush demand and rising soymeal inventories point to limited upside for domestic meal prices, even as spot beans stay firm.

## Read by commodity

- SBM: bearish ▼
- SOY: neutral

## Sources

- finance.sina.com.cn: https://finance.sina.com.cn/money/future/wemedia/2026-11-13/doc-iniyqwtt0935932.shtml

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.