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The listing showed Beijing soybean meal at 3,200 yuan per tonne and Tianjin soybean meal at 3,140 yuan per tonne on November 9. It also listed several suppliers offering Tianjin 43% soybean meal at 3,140 yuan per tonne.
The quotations provide regional reference prices for feed buyers, but the listing gives no new supply-demand driver or indication of a price trend.
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.