# Soybean Meal Spot Price Summary

> Spot prices for 43% soybean meal fell in several Chinese markets on November 3, 2026, including Guangdong, Guangxi and parts of the Northeast and East China. Most quotes dropped by 10 to 40 yuan per tonne, while Sichuan-Chongqing quotes were mixed. Prices ranged from roughly 3,120 to 3,360 yuan per tonne.

- Date: 2026-11-03 · published 2026-11-03T07:36:35.008Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/77281-soybean-meal-spot-price-summary
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower domestic spot quotes point to ample soymeal supply relative to feed demand in China, which weighs on feed-ingredient costs for buyers. The move is a routine market update with no new supply shock.

## Read by commodity

- SBM: bearish ▼

## Sources

- goodsfu.10jqka.com.cn: https://goodsfu.10jqka.com.cn/20261103/c681393424.shtml

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