Soybean meal trading slightly increased; transaction prices hit a two-month low.

On April 7th, major domestic oil mills saw a slight increase in soybean meal transactions, with a total of 34,400 tons traded, up 27,400 tons from the previous day. The spot transaction volume was 17,300 tons, an increase of 10,300 tons compared to the previous day. The basis transaction volume was 17,100 tons, up 17,100 tons from the previous day. The average transaction price was 3,096.39 yuan/ton, down 58.25 yuan/ton from the previous day, marking the 12th consecutive day of decline and hitting a two-month low. (China Grain and Oil Business Network)