At the beginning of March, China soybean meal futures prices fell rapidly. Later, due to the crushing losses of Chinese oil mills and the weakening of oil, the futures market rebounded, but the spot market did not improve much. China’s soybean meal basis has fallen rapidly, falling to a negative value from a high of more than 200 yuan/ton in March.
If you want to pay attention to more oilseeds price information, please follow https://oilpressstore.com/, to bring you more real-time content.
BTMA News on April 6
