# China soybean prices spike as trade war worries feed supply fears

> Chinese soybean and soymeal futures jumped on Wednesday, with beans posting their biggest daily gain in a decade, after data showed a drop in soybean imports. Analysts said the fall raised worries about fourth-quarter supply, though domestic inventories remain near record highs.

- Date: 2018-08-08 · published 2018-08-08T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/63603-china-soybean-prices-spike-as-trade-war-worries-feed-supply-fears
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Expected tighter Chinese supply in the fourth quarter supports soybean and meal demand, though high stocks limit the rally's durability.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/article/us-usa-trade-china-futures/china-soybean-prices-spike-as-trade-war-worries-feed-supply-fears-idUSKBN1KT0V3/

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