This week, domestic soybean meal spot basis prices increased.

2026-04-03 17:14:06

Brazilian soybean harvest progress is slow, and exports are obstructed. The market is concerned that our country’s soybean import supply may become tight. This week, oil mills’ soybean meal spot trading volumes have increased noticeably, and spot basis quotes have risen steadily. On March 17, in coastal areas, the spot basis quote for ordinary protein soybean meal was M2605+230~390 yuan/ton. Compared with the previous day, it fell by 10 yuan/ton and ranged up by 40 yuan/ton. Compared with the same period last week, it rose by 0~120 yuan/ton. (National Grain and Oils Information Center)

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.