China's Soymeal Price Sees Upward Pressure Moving Forward China's cash soymeal price fluctuated lower the week of 28 October because of the ample bean supply and weakened demand from the livestock and aquaculture sectors. China Customs estimates that soybean imports may be 4.5-4.6 MMT for October and reach a total of 12-13 MMT for November and December. Rising soybean imports boost the soymeal supply and put pressure on the prices. On the demand side, livestock feed demand peaked by the end of September and early October, and it is unlikely that there will be another one until the end of this year, or early next year before the Chinese New Year. China's aquaculture farming will also slow down upon entering winter. Soymeal speculation dec...