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Dalian soyoil main contract closed down 0.87% at 8,938 yuan a tonne on November 3 but was up 0.61% week on week. Coastal spot quotes for first-grade soyoil ranged from 8,950 to 9,190 yuan a tonne with little change.
Domestic spot inventories are high.
High domestic soyoil stocks and expected ample South American soybean supply are likely to keep Chinese soy oil and meal prices range-bound to weak. Lower oil prices ease input costs for feed and oil buyers.
cnoil.com.cnNov 4, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
