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Chinese oil plants kept high operating rates in the week to December 24 and soymeal output kept building. Crushing is expected to dip to about 1.8 million tonnes over the New Year holiday, but downstream feed demand is weak and inventories may stay near 1 million tonnes.
Oversupplied soymeal stocks with weak feed buying point to lower spot soymeal prices in China. Bearish pressure on the futures contract is likely to persist.
sunsirs.comDec 31, 2025Not enough comparable past events yet for a historical read.
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.
