# Soybean Meal, Rapeseed Meal and Cottonseed Meal Quotations Kept Weak - Analysis and Viewpoints of China Agriculture  - CnAgri-China Agriculture Consultant

> National soybean meal spot prices averaged RMB 3,293/MT, down 1.6% on the week, as possible improvement in China-U.S. trade relations weighed on sentiment. Rapeseed meal fell 2.7% to RMB 2,293/MT and cottonseed meal fell 0.8% to RMB 2,675/MT, with weak demand after the aquaculture peak adding pressure.

- Date: 2018-12-06 · published 2018-12-06T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/61682-soybean-meal-rapeseed-meal-and-cottonseed-meal-quotations-kept-weak-analysis
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Lower Chinese meal prices reduce import parity and demand for competing protein meals, which weighs on oilmeal prices globally. Buyers can expect softer meal values while trade talks remain unresolved.

## Read by commodity

- CSM: bearish ▼
- SBM: bearish ▼
- CANMEAL: bearish ▼

## Sources

- en.cnagri.com: http://en.cnagri.com/news/insight/20181206/299708.html

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