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Dalian soymeal prices fell 8.78% from February 1 to March 9, with average spot at 4,240 yuan per ton. Rising port arrivals of imported soybeans, record Chinese imports and higher inventories weighed on the market.
Expanding Chinese meal supply and weak terminal demand push domestic meal prices lower, reducing import demand for soymeal and soybeans.
sunsirs.comMar 10, 2023Not enough comparable past events yet for a historical read.
Not 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.
