# Anliang Futures: Soybean Meal Holds Range-Bound Trend

> Spot soybean meal prices eased on November 13, quoted at 3,090 yuan/t in Zhangjiagang, 3,220 in Dalian, 3,100 in Rizhao and 3,080 in Dongguan. The USDA November report was bullish overall, with US soybeans posting their biggest one-day gain in four months, but South American weather lacks a driver.

- Date: 2026-11-13 · published 2026-11-13T07:36:35.126Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/97414-anliang-futures-soybean-meal-holds-range-bound-trend
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

High domestic meal prices, record inventories and weak livestock margins weigh on demand, limiting the upside from the US rally and keeping China's soybean meal range-bound.

## Read by commodity

- SBM: neutral
- SOY: bullish ▲
- CANMEAL: neutral

## Sources

- futures.100ppi.com: https://futures.100ppi.com/detail-20261113-116740.html

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