# SunSirs: Analysis of the Impact of Rising China Domestic Soybean Meal Inventories

> 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.

- Date: 2026-11-05 · published 2026-11-05T03:12:41.643Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/81083-sunsirs-analysis-of-the-impact-of-rising-china-domestic-soybean-meal-inventories
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Rising crushed meal stocks signal loose supply and weak downstream buying, pressuring soybean meal prices in the near term.

## Read by commodity

- SBM: bearish ▼

## Sources

- sunsirs.com: https://www.sunsirs.com/commodity-news/petail-37424.html

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