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Tuesday, January 20, 2015
China Soymeal Weekly: Weak trend resumes (week ended Jan 18, 2015)
South America's bumper soy harvest exerted pressure on CBOT soy futures market, dragging prices below 1,000 cents per bushel. Soymeal prices in China dropped in tandem, falling 3.4% over the week.
Friday, January 16, 2015
China soy imports reach record 8.5 million tonnes in December
China's soy imports in December reached 8.53 million tonnes, setting a new record that exceeded the previous record in December 2013 by 16.8%. The figure was 41.5% higher than the month before.
Monday, January 12, 2015
China Soymeal Weekly: Prices stable but market remains weak (week ended Jan 11, 2015)
CBOT soy futures prices stayed above US10/bushel during the week in review, lending support to China's soymeal market. Soymeal stocks of crushers totalled 600,000 tonnes during late December, rising substantially by 230,000 tonnes compared ...
Tuesday, January 6, 2015
China Soymeal Weekly: Slower price falls (week ended Jan 4, 2015)
Crushing rates in China remained high, exceeding past years' average levels, amid abundant availability of soy and high profitability. Hence, even as soymeal demand improved lately while feed millers stockpiled inventories in preparation fo ...
Tuesday, December 30, 2014
China Soymeal Weekly: Soymeal market weakens; prices plunge 20% in 2014 (week ended Dec 28, 2014)
China's livestock industry is likely to remain weak with the poultry sector troubled by the bird flu, and hog prices staying soft. This together with high crushing output will continue to weigh on the soymeal market in the coming week.
Tuesday, December 23, 2014
China Soymeal Weekly: market remains weak (week ended Dec 21, 2014)
CBOT soy futures prices were soft amid abundant supply. In china, soymeal prices weakened over the week. Although feed millers continued to make purchases in anticipation of stronger demand ahead, sales of soymeal remained slow amid cautiou ...
Tuesday, December 16, 2014
China Soymeal Weekly: Improved demand, higher import costs lift prices (week ended Dec 14, 2014)
CBOT soy futures prices strengthened during the period in review as USDA reported record export volumes, which resulted in lower forecasts of year-end inventories. Meanwhile, more Chinese feed millers stockpiled inventories, albeit cautious ...
Tuesday, December 9, 2014
China Soymeal Weekly: Abundant supply weighs on market (week ended Dec 7, 2014)
As domestic feed demand remained slack while CBOT soy futures continued to be suppressed due to the bumper harvest in the US, soymeal prices consolidated lower in China over the week. Trade was light as crushers cautiously limited output wh ...
Wednesday, December 3, 2014
China Soymeal Weekly: Slower price drops (week ended Nov 30, 2014)
Soymeal prices continued to fall, albeit at a slower pace. Although feed millers continued to stockpile inventories, high crushing rates kept supplies ample, hence putting a lid on soymeal prices. As CBOT corn futures market remained weak, ...
Monday, December 1, 2014
China soy imports may slow down as domestic prices tumble
Falling soymeal prices in China are threatening to derail China's booming demand for US beans as crush margins have started turning negative after holding mostly positive since early September.
Tuesday, November 25, 2014
China Soymeal Weekly: Increased supply weakens prices despite improved demand (week ended Nov 23, 2014)
Even though demand for soymeal improved, driving up weekly transaction volume by 20% to 562,700 tonnes, prices dropped significantly as supplies increased amid higher crushing rates. Crushers who enjoyed lower output costs due to cheaper im ...
Thursday, November 20, 2014
China Soymeal Weekly: Market shows signs of stabilising (week ended Nov 16, 2014)
As most buyers have placed orders earlier, the demand for soymeal was soft over the week, with weekly transaction shrinking 6% to 468,100 tonnes. Hence, soymeal prices in China were stable during the period in review despite volatile CBOT s ...
Wednesday, November 12, 2014
China Soymeal Weekly: Prices consolidate lower (week ended Nov 9, 2014)
Soymeal prices in China are likely to move higher should CBOT soy futures prices strengthen further amid tight spot supplies. Chinese feed millers, who have maintained low soymeal inventories in anticipation of falling prices, will be compe ...
Monday, November 3, 2014
China Soymeal Weekly: Dwindling supply perks up prices (week ended Nov 2, 2014)
CBOT soy futures prices rose by 2% during the week in review as delayed deliveries tightened availability. During the month of October, CBOT soy futures prices jumped a whopping 15%, breaking June 2008's record monthly performance, despite ...
Tuesday, October 28, 2014
China Soymeal Weekly: Prices consolidate lower as demand wanes (week ended Oct 27, 2014)
CBOT soy futures prices surged 5% over the week as droughts in Brazil raised concerns, while demand US soy stayed buoyant. Since early October, soy futures prices have increased 7%. The strong CBOT soy market lent little support to China's ...
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