Mysteel Survey: China Soybean and relatives inventory alert weekly 2026.10.16

Source: Mysteel Oct 19, 2026 17:21

In week 42 of 2026, soybean inventories at major oil mills nationwide declined, soybean meal inventories were broadly flat, and unexecuted contracts decreased.Soybean inventories stood at 8.4301 million tonnes, down 191,700 tonnes from the previous week, a decrease of 2.22%, and up 743,100 tonnes year-on-year, an increase of 9.67%.Soybean meal inventories stood at 1.096 million tonnes, up 5,200 tonnes from the previous week, an increase of 0.48%, and up 119,800 tonnes year-on-year, an increase of 12.27%.Outstanding soybean meal contracts stood at 4.479 million tonnes, down 703,300 tonnes from the previous week, a decrease of 13.57%, and down 528,000 tonnes year-on-year, a decrease of 10.55%.

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