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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, ...
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 ...
Monday, October 20, 2014
China Soymeal Weekly: Market shows signs of recovering (week ended Oct 20, 2014)
CBOT soy futures prices strengthened lately from record-low levels. Supplies of soy decreased as imports fell, driving down the production rates of soy crushers by as much as 60% in Shandong.
Thursday, October 16, 2014
China Soymeal Weekly: Market stable amid light trade (week ended Oct 13, 2014)
The imminent bumper soy harvest in the US, together with a strong dollar, which lured speculators out of the commodities market, continued to weigh on CBOT soy futures prices. During the first week of October, trade was limited in China's s ...
Tuesday, September 30, 2014
China Soymeal Weekly: Slower demand weakens prices (week ended Sep 28, 2014)
CBOT soy futures prices moved at record low levels, as buying interest was weak with supply poised to be abundant. In China, soymeal prices continued to slide under the pressure of weakening CBOT soy prices.
Tuesday, September 23, 2014
China Soymeal Weekly: Pre-holiday stockpiling perks up prices (week ended Sep 21, 2014)
Nonetheless, soymeal prices rebounded in China as feed millers increased stocks in preparation for the long holidays during early October. Transaction volumes over the week in review surged a whopping 86% to 930,000 tonnes, the second highe ...
Tuesday, September 16, 2014
China Soymeal Weekly: Tumbling CBOT soy futures drag down China soymeal prices (week ended Sep 14, 2014)
Good progress in the soy planting regions of the US, as reported in USDA's latest update, dragged soy futures prices down by 3.54% over the week. Soymeal futures prices in Dalian Commodities Exchange tumbled in tandem to new lows, while cru ...
Tuesday, September 9, 2014
China Soymeal Weekly: prices at two-year low (week ended Sep 5, 2014)
CBOT soy spot prices hit five-year low during the period in review, as the US looked set to have a bumper harvest. In China, soymeal traders were eager to release inventories under the pressure of a weaker soy CBOT market. Meanwhile, crushe ...
Monday, August 25, 2014
China Soymeal Weekly: Prices consolidate amid improved demand (week ended Aug 24, 2014)
Demand for soymeal increased as feed millers stepped up production in view of stronger demand with livestock markets going strong. The upward momentum of the market was limited as buyers were cautious with purchases while CBOT soy futures p ...
Monday, August 18, 2014
China Soymeal Weekly: Traders in China slash prices to clear stocks (week ended Aug 17, 2014)
A neutral USDA August update on the progress of soy planting dragged CBOT soy futures prices down to two-and-a-half-year low level. In China, demand for soymeal increased of late, but at rate slower than market expectation. In a bid to clea ...
Monday, August 11, 2014
China Soymeal Weekly: Record soy imports limits upward potential of soymeal market (week ended Aug 10, 2014)
CBOT soy futures prices continued to rise from low levels over the week. China's soymeal demand increased steadily as feed millers accumulated stocks in anticipation of higher feed demand.
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