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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 ...
Wednesday, October 15, 2014
World may not be able to meet China soy demand by 2024
In 10 years' time China will need to import soy more than the world can supply, analyst LMC International said. The country, it added, needs the oilseed more for its soymeal than for its oil.
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.
Monday, August 4, 2014
China Soymeal Weekly: Slow steady increase in prices (week ended Aug 3, 2014)
As the demand for feed increases, higher usages of soymeal will support prices to move higher in the coming period. Should USDA’s mid-August report lower its soy output forecast substantially, prices of soymeal will rise prominently i ...
Wednesday, July 30, 2014
China Soymeal Weekly: Market strengthens on improved demand (week ended Jul 27, 2014)
In the CBOT market, near term futures prices of soy strengthened amid limited supply, whereas those of longer term futures weakened as the US is on track for a bumper soy harvest.
Tuesday, July 22, 2014
China Soymeal Weekly: Prices show signs of stabilising (week ended Jul 20, 2014)
CBOT soy futures prices were mostly lower, except for August contracts, exerting pressure on China's soymeal market. As crushers and traders slashed prices in a bid to move sales, soymeal trading volume surged a whopping 241% over the week ...
Monday, July 14, 2014
China Soymeal Weekly: Buyers withhold buying in view of weaker prices (week ended Jul 13, 2014)
Fair weather conditions in the planting regions of the US hammered CBOT soy futures prices over the week. Feed millers withheld buying in anticipation of lower soymeal prices in China. As the weekly transaction volume for soymeal shrank tre ...
Tuesday, July 8, 2014
China Soymeal Weekly: Plunging CBOT soy prices weaken China soymeal market (week ended Jul 6, 2014)
With soy planting advancing faster than past years, USDA's late June report pointed towards a likely record harvest should the climates remain fair. CBOT soy futures prices plunged in response to the news, dragging Chinese soymeal prices do ...
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