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Soybean Meal Spot Prices Decline Across Multiple Chinese Markets on May 18

GateNews

2026-05-18 04:47:44

According to Jin10 Futures, on May 18, soybean meal (43% protein) spot prices showed mixed weakness across China. East China markets weakened, with prices in Taizhou and Taixing down 10 yuan/ton at 2,860 yuan/ton, while Ningbo Jinguang held steady at 2,890 yuan/ton. Guangdong remained flat at 2,840 yuan/ton across major trading hubs. Sichuan-Chongqing region posted declines of 10–20 yuan/ton, with Chengdu at 3,060 yuan/ton down 20. Jiangxi saw sharper weakness, with Jiujiang COFCO down 30 to 2,900 yuan/ton. Guangxi remained stable at 2,850 yuan/ton. Data sourced from Mysteel.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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