# Animal Feed Ingredient Market Information In China On September 17, 2020 - Industry news - News - Jiangsu Sinova Technologies Co., Ltd.

> Chinese feed ingredient averages were posted for September 17, 2020, with soybean meal up 10-20 RMB/MT to roughly 3000-3100 RMB/MT. Rapeseed meal rose 10 RMB/MT, while cottonseed meal, DDGS and fishmeal were flat. Feed mills were stocking up ahead of the festival season.

- Date: 2020-09-16 · published 2020-09-16T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/12151-animal-feed-ingredient-market-information-in-china-on-september-17-2020
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Pre-festival restocking by Chinese feed mills and tight South American soybean inventories support soybean meal prices. Concerns about La Nina weather in South America add upside risk.

## Read by commodity

- SBM: bullish ▲
- CANMEAL: bullish ▲

## Sources

- stcdie.com: https://www.stcdie.com/news/animal-feed-ingredient-market-information-in-c-38170843.html

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