# SunSirs: Negative Pressure, China's Soybean Meal and Oils Fully Callback

> China's soybean meal, soybean oil and palm oil prices rose after the May Day holiday, then fell back sharply in early May. April soybean imports reached 7.448 million tons, pushing January-April imports up 16.8% year on year. Traders expect downstream supply pressure on meal and oil to rise.

- Date: 2021-05-11 · published 2021-05-11T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/12364-sunsirs-negative-pressure-china-s-soybean-meal-and-oils-fully-callback
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Heavier import flows add domestic supply of meal and oil, which weighs on Chinese meal and oil prices. Palm oil is also under pressure from the same correction.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- PALMOIL: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SBM | 2021-05-12 | 1 | -4.8% | -4.1 | Record April Chinese soybean imports and expected downstream supply pressure on meal and oil pushed Chinese meal prices back down, which weighed on sentiment. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2026-09-20 | [SunSirs: Analysis of the Sharp Decline in China Weekly Soybean Meal Net Sales](https://feedsoft.ai/events/10674-sunsirs-analysis-of-the-sharp-decline-in-china-weekly-soybean-meal-net-sales.md) | +4.8% | +2.5% |
| SBM | 2025-10-16 | [China’s act on US soybean may pressure crude palm oil’s competitiveness — RHB Research](https://feedsoft.ai/events/22492-china-s-act-on-us-soybean-may-pressure-crude-palm-oil-s-competitiveness-rhb.md) | +4.6% | +17.0% |
| SBM | 2025-07-11 | [China’s feed production rises, soybean meal consumption falls](https://feedsoft.ai/events/23726-china-s-feed-production-rises-soybean-meal-consumption-falls.md) | -0.0% | +2.2% |
| SBM | 2025-11-07 | [Oilseeds: Soybeans under massive selling pressure](https://feedsoft.ai/events/12247-oilseeds-soybeans-under-massive-selling-pressure.md) | +3.7% | -3.1% |
| SBM | 2023-05-10 | [Soybeans face pressure on US planting weather, tepid China demand](https://feedsoft.ai/events/14841-soybeans-face-pressure-on-us-planting-weather-tepid-china-demand.md) | +2.3% | -4.3% |
| SBO | 2025-10-16 | [China’s act on US soybean may pressure crude palm oil’s competitiveness — RHB Research](https://feedsoft.ai/events/22492-china-s-act-on-us-soybean-may-pressure-crude-palm-oil-s-competitiveness-rhb.md) | +0.3% | -0.7% |
| SBO | 2025-09-22 | [Lack of China Demand Hammers US Soybean Oil Prices - TT](https://feedsoft.ai/events/22934-lack-of-china-demand-hammers-us-soybean-oil-prices-tt.md) | -2.6% | -0.1% |
| SBO | 2025-02-05 | [Soybean Oil’s Biofuel Share Faces Growing Pressure](https://feedsoft.ai/events/15146-soybean-oil-s-biofuel-share-faces-growing-pressure.md) | +1.5% | -3.0% |

## Sources

- sunsirs.com: https://www.sunsirs.com/commodity-news/petail-4794.html

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