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Soybean meal prices for 43% protein in Qinhuangdao fell 10 yuan per tonne to 2,560 yuan. Trader quotes in Shijiazhuang fell 20 yuan per tonne to 2,580 yuan for 43% protein and 2,790 yuan for 46% protein.
Other Hebei county quotes ranged from about 2,600 to 2,880 yuan per tonne.
Small daily declines in Hebei spot meal prices signal soft domestic demand for feed meal in northern China. Feed mills may keep purchases light while prices remain under pressure.
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.