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Soybean meal prices in Henan Province were mostly unchanged on November 15 across most cities. Luoyang, Nanyang, Xinyang and Zhumadian moved by between -300 and +180 yuan/t, and Luoyang fell 52 yuan/t.
Most prices remained within a range of about 2,600 to 3,600 yuan/t.
Flat to slightly lower regional soymeal prices reflect weak feed demand and ample supply in China. The day-to-day moves are small, so the price impact for feed buyers is limited.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.