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China Soybean and Relatives Daily:Soybean meal market in a bullish sentiment supported by tight supply expectation

Source: Mysteel Jan 08, 2026 10:17
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Soybean Soybean Meal Demand Price Supply
Domestically, the DCE's soybean meal M05 main contract surged strongly, hitting a near one-month high, with temporary resistance seen around Yuan 2,860 per tonne. Driven by the strength in the futures market, crushers and traders have shown stronger willingness to support prices.

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