# Mysteel Daily: Cottonseed Meal Prices Broadly Stable

> Cottonseed meal (46% protein) prices in China were broadly steady on November 4, with Xinjiang Aksu at 2,480 yuan/t and Shandong Xiajin at 2,980 yuan/t. Soybean meal spot fell below 3,100 yuan/t as the main futures contract broke lower, and crushers are offloading inventory at discounts amid low utilization.

- Date: 2026-11-04 · published 2026-11-04T12:06:44.645Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/79586-mysteel-daily-cottonseed-meal-prices-broadly-stable
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Weak soybean meal prices and heavy crusher inventory pressure the protein complex, while high seed costs and crusher losses offer some support to cottonseed meal. Feed buyers face a range-bound near-term market with bases expected to weaken.

## Read by commodity

- CSM: neutral
- SBM: bearish ▼

## Sources

- goodsfu.10jqka.com.cn: https://goodsfu.10jqka.com.cn/20261104/c681465813.shtml
- ncp.mysteel.com: https://ncp.mysteel.com/a/26110416/0F87B2C9288AC1DC.html

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