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Mysteel Survey: China Soybean and relatives inventory alert weekly 20260605

Source: Mysteel Jun 08, 2026 17:29
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Soybean Soybean Meal Demand Price Supply
In Week 23 of 2026, major domestic oil mills recorded increases in soybean inventories, soybean meal inventories, and outstanding contracts. Soybean inventories stood at 7.0596 million tonnes, up 430,800 tonnes or 6.50% from the previous week, and 956,700 tonnes or 15.68% higher year-on-year. Soybean meal inventories reached 506,500 tonnes, an increase of 159,100 tonnes or 45.80% week-on-week, and 124,000 tonnes or 32.42% higher compared to the same period last year. Outstanding contracts totaled 6.7632 million tonnes, up 3.2431 million tonnes or 92.13% from the previous week, and 1.3327 million tonnes or 24.54% above the year-ago level.

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