Wedoany.com Report-Jun 9, According to SunSirs, a commodity analysis platform in China, imported soybean volumes have risen since late May 2025, while soybean meal prices in the domestic market have continued to decline. In May, soybean meal prices dropped by over 14%, with an additional 2.75% decrease per ton since early June.

As of June 5, 2025, the average market price for soybean meal stood at 2,900 yuan per ton, down 100 yuan from late May, reflecting a weekly decline of approximately 3%. The consistent price drop highlights shifting market dynamics driven by increased supply and subdued demand.

Analysts from SunSirs noted: “At the end of June, the supply of imported raw soybeans will remain sufficient, the workload of soybean oil plants will increase, and demand in the end market will be low, so the soybean meal market will continue to weaken.” This outlook points to sustained pressure on prices due to ample imports and higher processing activity at oil plants.

The rise in imported soybeans has bolstered supply chains, ensuring steady availability for processing. However, the increased output from soybean oil plants has not been matched by equivalent demand in downstream markets, contributing to the price softening. This trend is expected to persist through June as market conditions remain stable with no significant demand surge anticipated.

China’s soybean meal market, a key component in animal feed, plays a vital role in the agricultural sector. The current price decline reflects a balance of robust import levels and moderate consumption, with no disruptions reported in supply logistics. The market’s response aligns with seasonal patterns and global trade flows, maintaining equilibrium between imports and processing capacity.

The analysis suggests that stakeholders, including farmers and feed producers, may face continued price challenges in the near term. However, the steady supply of imported soybeans supports operational continuity for oil plants, ensuring product availability across the market. The situation underscores the importance of monitoring global commodity trends and local demand to navigate pricing fluctuations effectively.

By maintaining a focus on efficient supply management, China’s soybean meal market is well-positioned to adapt to current conditions. The combination of sufficient imports and increased processing capacity provides a stable foundation, even as prices trend downward, supporting the broader agricultural economy without significant disruptions.