# China’s domestic soybean meal stocks are expected to continue to decline in November

> China's domestic soybean meal inventories fell to about 1 million tons from 1.5 million in early September, according to the China National Grain and Oil Information Center. Lower imported soybean arrivals at ports after November are expected to cut stocks further.

- Date: 2024-11-01 · published 2024-11-01T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/27394-china-s-domestic-soybean-meal-stocks-are-expected-to-continue-to-decline-in
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Tightening domestic soymeal stocks and reduced import arrivals support higher Chinese soymeal prices, which can firm global meal export demand.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Sources

- tridge.com: https://www.tridge.com/news/chinas-domestic-soybean-meal-stocks-are-expe-hwchrr

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