# SunSirs: Soybean Meal Prices Mixed in July

> SunSirs reports China's average soybean meal price rose 0.92% to 4,156 RMB/ton on July 26, 2022, after mixed trading through July. Early-month weak demand and high inventories were offset by late-month strength in the outer soybean disk.

- Date: 2022-07-27 · published 2022-07-27T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/11489-sunsirs-soybean-meal-prices-mixed-in-july
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Chinese domestic meal prices track overseas soybean futures and feed demand, so a firm close to July signals steady import-linked feed costs. Gains are modest, pointing to limited upside pressure.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Sources

- sunsirs.com: https://www.sunsirs.com/commodity-news/petail-8067.html

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