
China reduced imports of meal ahead of the Lunar New Year holiday starting February 17, and Ukrainian sunflower meal exporters have already felt the drop in demand. Sunflower meal remains at $280/t CIF China while Dalian soybean meal prices have dropped.
Ukraine's meal prices are expected to stay under pressure, and China took 62% of Ukraine's 2025/26 sunflower meal exports.
Weaker Chinese buying and lower Dalian soymeal prices pressure sunflower meal values, which feeds into cheaper protein options for feed buyers in the near term.
Not enough comparable past events yet for a historical read.
After 384 past bearish trade events, Soybean Meal moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and -0.5% over 20.
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.