Loading…
SunSirs reports China's soybean meal prices rose about 18% from July 1 to August 9, reaching around 4,668 RMB per ton. The rise followed lower soybean imports in July and a renewed decline in meal inventories.
Tighter Chinese meal supply from reduced crushing and falling inventories supports regional meal prices and keeps import demand firm.
sunsirs.comAug 10, 2023Not 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.
