# Animal Feed Ingredient Market Information In China On December 30, 2020 - Industry news - News - Jiangsu Sinova Technologies Co., Ltd.

> Chinese feed ingredient prices on December 30, 2020 showed corn up about 10 RMB/MT, soybean meal up 60-80 RMB/MT and rapeseed meal up 50 RMB/MT, while cottonseed meal, DDGS and fishmeal were unchanged. Corn prices were expected to stay strong into January, citing bad weather in producing areas and advance stocking by traders.

- Date: 2020-12-29 · published 2020-12-29T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/49570-animal-feed-ingredient-market-information-in-china-on-december-30-2020-industry
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.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

Firmer corn and protein meal prices raise feed formulation costs for Chinese buyers, and advance buying ahead of the Spring Festival supports near-term demand. Weather concerns in producing areas add upside risk.

## Read by commodity

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

## Sources

- stcdie.com: https://www.stcdie.com/news/animal-feed-ingredient-market-information-in-c-41228233.html

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