# SunSirs: Expected to Experience Weak Fluctuations in China Soybean Meal Prices in the Near Future

> SunSirs expects Chinese soybean meal prices to stay volatile and weak in August and September. Domestic meal inventory reached a record 1.5 million tons, and US soybean prices fell below 1,000 cents per bushel after USDA raised production.

- Date: 2024-08-13 · published 2024-08-13T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/12645-sunsirs-expected-to-experience-weak-fluctuations-in-china-soybean-meal-prices
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Record Chinese meal stocks and cheaper US beans point to continued pressure on meal prices, with limited downside as crush margins compress and buyers restock ahead of US-sourced arrivals.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Sources

- sunsirs.com: https://www.sunsirs.com/commodity-news/petail-19517.html

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