Glonghui June 18 | The main contracts for rapeseed meal and soybean meal fluctuated and declined, with declines of more than 1%. CICC Wealth Futures said that the pressure on soybeans has recovered sharply, the domestic supply of imported soybeans is abundant, and the pace of soybean meal accumulation is accelerating due to high operating rates in oil mills. The period is now weakly linked, and meal prices have continued to decline. On Monday, the domestic meal futures market undertook Meidou's weakness and declined sharply. The September soybean meal contract hit a new low of a month and a half, technically falling below the 60-day EMA, and completed making up for the gap that jumped in early May. The current weather support for Meidou is insufficient, and domestic commodities are once again in a general decline. Supply pressure and bearish expectations are driving the center of gravity of meal futures prices to fluctuate and fall. The domestic meal futures market continued to decline in night trading and is expected to maintain a weak and volatile market today.