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The report listed feed-grade 43% soybean meal quotations of 3,150 yuan per tonne in Beijing and 3,130 yuan per tonne in Tianjin. Several suppliers quoted Tianjin 43% soybean meal at 3,140 yuan per tonne.
The listed regional quotations provide a reference for Chinese feed buyers, but the report does not identify a new supply or demand driver or indicate a price change.
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.