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Tuesday, December 29, 2015
China Soymeal Weekly: Pre-festive preparation holds demand stable (week ended Dec 27, 2015)
CBOT soy futures consolidated lower after the previous week's gains under increased supply pressure from Argentina. In China, crushers held prices of soymeal firm in view of lower soy imports entering January. They were also keen to uphold ...
Monday, December 21, 2015
China Soymeal Weekly: Stronger CBOT soy futures underpin China soymeal prices (week ended Dec 20, 2015)
CBOT soy futures opened lower last week but rebounded before the week ended as the dry spell in Brazil sparked concerns over the country's soy harvest. Soy futures prices in Dalian Commodities Exchange rose in tandem, prompting buyers to in ...
Tuesday, December 15, 2015
China Soymeal Weekly: Prices weaken amid oversupply (week ended Dec 13, 2015)
Despite an initial surge, CBOT soy futures closed lower during the week in review with excess availability exerting pressure on the market. In China, soymeal prices continued to slide with feed demand sluggish and crushers sustaining high o ...
Wednesday, December 9, 2015
China Soymeal Weekly: Prices consolidate, outlook uncertain (week ended Nov 29, 2015)
CBOT soy futures prices consolidated after rising strongly in the previous week. Attracted by the low prices, more end-users were making purchases of late, helping to support the soymeal market. However, with soy imports plentiful and crush ...
Tuesday, December 1, 2015
China Soymeal Weekly: Firmer CBOT soy market underpins China soymeal prices (week ended Nov 29, 2015)
CBOT soy futures prices surged prominently during the week in preview. Soymeal futures prices in China tumbled early last week but pared losses later with the support of a strengthening global soy market. In the open market, soymeal prices ...
Tuesday, November 24, 2015
China Soymeal Weekly: Prices fall to eight-year low (week ended Nov 22, 2015)
USDA soy futures prices were range bound during the week in review. Soymeal market weakened as crushers cut prices to entice buyers to place orders early for January's pre-Chinese New Year market. Average soymeal price broke May's record, f ...
Tuesday, November 17, 2015
China Soymeal Weekly: Prices slide as traders clear stocks (week ended Nov 15, 2015)
USDA's November report maintained historic high projections of soy yield and production in the US, resulting in a weak CBOT soy futures market.
Monday, November 9, 2015
China Soymeal Weekly: Weakened CBOT soy, poor demand drag down soymeal prices (week ended Nov 8, 2015)
CBOT soy futures prices dropped considerably lately as market participants anticipated USDA to release a report bearish to the market on November 10. Since mid-October, soy futures prices have fallen 5%, dragging Dalian soy futures down by ...
Tuesday, November 3, 2015
China Soymeal Weekly: Market shows no signs of recovering (week ended Nov 2, 2015)
CBOT soy futures prices stayed weak, moving within a narrow range amid poor buying interest. With a projected soy import of 5.5 million tonnes in October, soymeal supplies remained ample in China.
Monday, October 26, 2015
China Soymeal Weekly: Prices soften as supply exceeds demand (week ended Oct 25, 2015)
The smooth harvesting of US soy crops exerted pressure on the CBOT soy futures market. In China, soymeal supplies increased as crushing rates returned to normal levels whereas demand dwindled after several feed millers have procured suffici ...
Tuesday, October 20, 2015
China Soymeal Weekly: Prices consolidate higher (week ended Oct 18, 2015)
CBOT soy futures prices strengthened over the week amid strong export demand.
Monday, October 12, 2015
China Soymeal Weekly: Prices range bound amid thin trade (week ended Oct 9, 2015)
CBOT soy futures consolidated within a narrow range over the past couple of weeks.
Wednesday, September 30, 2015
China Soymeal Weekly: Dwindling demand holds down prices (week ended Sep 28, 2015)
Trade will be light as China prepares for early October's long holidays, holding prices of soymeal weak. After the holidays, lacklustre feed demand will hamper the sales of soymeal. Crushers who face mounting inventory pressure will be comp ...
Tuesday, September 22, 2015
China Soymeal Weekly: Market stays firm despite weak soy futures prices (week ended Sep 21, 2015)
Nonetheless, soymeal prices in China moved higher as feed millers continued to stockpile inventories before October's long holidays. Crushers, who were producing to fulfil previously concluded orders, lifted prices confidently amid low inve ...
Wednesday, September 16, 2015
China Soymeal Weekly: Market firms up on improved demand (week ended Sep 14, 2015)
CBOT soy futures prices slid after USDA increased the projection of US crop yield to 47.1 bushel/acre, substantially higher than the market’s average forecast of 46.4 bushel/acre.
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