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Domestic soybean meal inventories in China reached 1.34 million tonnes for the week ending October 30, up 80,000 tonnes week on week and 490,000 tonnes above the three-year average for the period. The most active Dalian soybean meal contract (M2701) closed at 3,147 yuan/tonne on November 3, down 21 yuan, with open interest falling.
Rising crushed meal stocks signal loose supply and weak downstream buying, pressuring soybean meal prices in the near term.
sunsirs.comNov 5, 2026Not 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.
