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The report listed November 6 soybean meal quotes of 3,180 yuan per ton in Tianjin and 3,220 yuan per ton in Beijing. Several suppliers’ quotes for Tianjin 43% soybean meal ranged from 3,150 to 3,180 yuan per ton.
The quotes provide a snapshot of regional feed-protein prices in China, but no prior prices or new supply-demand driver are given to establish a directional market signal.
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.