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Tuesday, June 26, 2018
China Soymeal Weekly: Prices rebound strongly (week ended Jun 25, 2018)
Chinese buyers increased stockpiles of soy amid concerns that supplies would tighten entering Q3 with Argentina's harvest set to decrease by about 20 million tonnes this year due to droughts. Moreover, should the 25% import tariff on US soy ...
Tuesday, June 19, 2018
China Soymeal Weekly: Market weakens even as crushers halt price releases (week ended Jun 18, 2018)
Soymeal prices continued to fall in China although several crushers withheld price releases amid concerns of the trade war. Prices slid further as feed producers were not keen to stockpile inventories while feed sales were slow. Nonetheless ...
Thursday, June 14, 2018
China Soymeal Weekly: Prices slide as soy futures market tumbles (week ended Jun 11, 2018)
With global soy futures markets tumbling, soymeal prices were under pressure. Moreover, buyers were not motivated to accumulate stocks as domestic feed demand remained slack. Soymeal prices slid 1.5% on average.
Tuesday, June 5, 2018
China Soymeal Weekly: Market stays firm despite light trade (week ended Jun 4, 2018)
Prices were mixed. Over the week, prices of CBOT July soy futures slid 1.9%.
Tuesday, May 22, 2018
China Soymeal Weekly: Crushers slash prices amid mounting pressure (week ended May 21, 2018)
Prices of CBOT July soy futures closed 1.9% lower, falling to six-week low levels. Feed sales were poor as livestock markets continued to underperform. Inventories of soymeal mounted amid sluggish demand, compelling crushers to slash prices ...
Thursday, May 17, 2018
China Soymeal Weekly: Poor buying interest sinks prices (week ended May 14, 2018)
Demand for soymeal was poor as hog prices sank to eight-year lows, hampering the sales of feed. With global soy prices falling amid abundant availability, soymeal prices slid 3% as feed producers were not motivated to stockpile inventories. ...
Wednesday, May 9, 2018
China Soymeal Weekly: Prices lower despite rebounds in some regions (week ended May 7, 2018)
Market participants were split over the outlook of the soymeal market. The impending trader war between the US and China, which could result in a surge of the import costs of US soy imports, and the drought in Argentina, pushed some buyers ...
Wednesday, May 2, 2018
China Soymeal Weekly: Prudent buying mood weakens prices (week ended Apr 30, 2018)
Despite soy futures prices rebounding in the global market, sales of soymeal remained limited in China. Feed millers who have stocked supplies earlier stood on the side lines while the sales of hog feed were sluggish.
Tuesday, April 24, 2018
China Soymeal Weekly: China soymeal market softens as futures prices fall (week ended Apr 23, 2018)
Transaction volumes of soymeal decreased 49% to 718,400 tonnes as several buyers withheld buying after placing orders during the previous week. Soymeal prices slid 2.6% over the week.
Thursday, April 19, 2018
China Soymeal Weekly: Soy import concerns boost soymeal sales (week ended Apr 16, 2018)
Prices increased significantly. Over the week, prices of CBOT May soy futures closed 1.2% higher.
Monday, April 9, 2018
China Soymeal Weekly: Market strengthens further (week ended Apr 9, 2018)
Sales of soymeal were stable as feed producers increase stocks amid concerns of higher soy import costs due to the trade war between China and the US. However, as the hog market remained weak, buyers were cautious, hence limiting the price ...
Tuesday, April 3, 2018
China Soymeal Weekly: Demand surge lifts prices (week ended Apr 2, 2018)
Prices of CBOT May soy futures closed 1.5% higher as USDA's latest report lowered the projection of soy planting acreage in the US. Soymeal trading volumes surged 72% over the week to 1.51 million tonnes. With inventories limited, feed prod ...
Tuesday, March 27, 2018
China Soymeal Weekly: Market softens despite sales surge (week ended Mar 26, 2018)
Transaction volumes of soymeal doubled to 876,700 tonnes while buyers expand inventories amid concerns that China might lift the taxes of US soy imports. Nonetheless, soymeal prices slid in most regions as supplies were abundant.
Monday, March 19, 2018
China Soymeal Weekly: Dwindling demand, softer soy costs drag down soymeal prices (week ended Mar 19, 2018)
Prices of CBOT May soy futures rebounded 1%, as the soy planting acreage in the US is projected to break records. Soymeal prices dropped 1.7% on average.
Thursday, March 15, 2018
China Soymeal Weekly: Market remains firm despite cautious buying (week ended Mar 12, 2018)
USDA increased the projection of soy production in the US and Brazil to 555 million bushels and 113 million tonnes respectively, but lowered that of Argentina to 47 million tonnes. As CBOT soy futures market weakened, feed producers turned ...
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