# Animal Feed Ingredient Market Information In China On February 4, 2021 - Industry news - News - Jiangsu Sinova Technologies Co., Ltd.

> Chinese feed ingredient prices on February 4, 2021 were mostly flat to slightly higher, with corn at 2884.21 RMB/MT and soybean meal at 3670-3900 RMB/MT. Rapeseed meal rose 40 RMB/MT, tracking overnight gains in US soybeans and soybean meal.

- Date: 2021-02-03 · published 2021-02-03T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/48560-animal-feed-ingredient-market-information-in-china-on-february-4-2021-industry
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Corn](https://feedsoft.ai/c/CORN.md), [Cottonseed Meal](https://feedsoft.ai/c/CSM.md), [DDGS](https://feedsoft.ai/c/DDGS.md), [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Rapeseed meal and soybean meal prices in China track US soybean futures, so overnight US gains transmit directly into Chinese protein meal costs. Limited inventories in the pre-holiday period support a firm tone.

## Read by commodity

- CSM: neutral
- SBM: bullish ▲
- CORN: neutral
- DDGS: neutral
- CANMEAL: bullish ▲
- FISHMEAL: neutral

## Sources

- stcdie.com: https://www.stcdie.com/news/animal-feed-ingredient-market-information-in-c-42479850.html

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