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Tuesday, May 12, 2015
China Soymeal Weekly: Market fails to sustain momentum (week ended May 10, 2015)
CBOT soy future prices were range bound over the past week. This, together with ample availability and sluggish feed demand, dragged down prices in several regions. Entering May, several crushers have cut production while demand slowed cons ...
Tuesday, May 5, 2015
China Soymeal Weekly: Prices rebound; market outlook remains bleak (week ended May 4, 2015)
CBOT soy future soy futures prices rose significantly early last week before paring gains towards end of the week. This, together with the strikes in Argentina, helped to push up the prices of soymeal in China. However, as supplies remained ...
Monday, April 13, 2015
China Soymeal Weekly: Prices fail to stabilise amid excess availability (week ended Apr 12, 2015)
As soy planting progressed smoothly in southern America, CBOT soy futures price dropped over 3% to recent new lows. Demand for soymeal was stable as feed millers restocked inventories while the product was cheap. Nonetheless, prices continu ...
Wednesday, April 8, 2015
China Soymeal Weekly: Ample availability weighs on prices (week ended Apr 5, 2015)
CBOT soy futures price strengthened, albeit slightly, during the week in review. Feed millers increased buying cautiously as hog market firmed up considerably of late. However, supplies of soymeal remained abundant even though several crush ...
Tuesday, March 31, 2015
China Soymeal Weekly: Price fall slows (week ended Mar 29, 2015)
CBOT soy futures prices remained soft during the period in review. Soymeal prices remained weak in China as traders were eager to clear inventories. In the consumption regions, several crushers halted production as stocks bloated.
Monday, March 23, 2015
China Soymeal Weekly: Search for price bottom continues (week ended Mar 22, 2015)
CBOT soy futures prices were range bound during the week in review. In China, soymeal availability was abundant, hence exerting pressure on the prices. Several traders readily negotiated prices in efforts to clear rising inventories, while ...
Tuesday, March 17, 2015
China Soymeal Weekly: Weak trend prevails (week ended Mar 15, 2015)
In the China market, cautious mood prevailed as the livestock market stayed soft. As livestock inventories diminished after Chinese New Year, there was no urgency for feed millers to stockpile feed ingredients, particularly as excess soy av ...
Tuesday, March 10, 2015
China Soymeal Weekly: Prices weaken amid falling import costs (week ended Mar 8, 2015)
CBOT soy futures prices plunged over the past week to sub-US$1,000 levels as, concerns over high inventories overrode the fears over strikes in Brazil.
Wednesday, March 4, 2015
China Soymeal Weekly: Soymeal prices surge as Brazil strike lifts CBOT soy futures (week ended Mar 2, 2015)
The truck drivers' strike in Brazil hampered deliveries from the country, propping up the prices of CBOT soy futures during late February. After a quiet week during Chinese New Year holidays, Chinese crushers lifted the prices of soymeal pr ...
Monday, February 16, 2015
China Soymeal Weekly: Last minute procurement lifts prices, albeit marginally (week ended Feb 15, 2015)
CBOT soy futures prices rose considerably by 1.7% during the period in review amid dwindling supplies and improved buying interest.
Monday, February 9, 2015
China Soymeal Weekly: Feed millers stock inventories, lift trading volume by 42% (week ended Feb 8, 2015)
CBOT soy futures prices remained under 1,000 cents per bushel despite dwindling US soy supplies. Demand for soymeal increased as feed millers restocked depleted inventories while prices remained at record low levels. Over the past week, soy ...
Monday, February 2, 2015
China Soymeal Weekly: Weak trend prevails (week ended Feb 1, 2015)
CBOT soy futures prices stayed below 1,000 cents per bushel amid abundant supplies. Soymeal market continued to weaken even though feed millers accumulated stocks lately in preparation for the week-long holidays during Chinese New Year. Nev ...
Tuesday, January 27, 2015
China Soymeal Weekly: No signs of prices stabilising (week ended Jan 25, 2015)
Weighed down by South America's imminent bumper harvest, CBOT soy futures prices fell prominently during the period in review. Domestically, soymeal market found little support as sales of feed remained limited while the prices of hog and b ...
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.
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 ...
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