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Monday, February 11, 2013
China Soymeal Weekly: Prices stagnant amid festive mood (week ended Feb 8, 2013)
Trade was limited during the period in review as several crushers and feed millers halted operation gradually for the celebration of Chinese New Year. Hence, prices of soymeal remained unchanged even though CBOT soy futures prices fell cons ...
Monday, February 4, 2013
China Soymeal Weekly: Limited output underpins prices (week ended Feb 1, 2013)
Demand weakened considerably over the week as buyers reduced procurements. Prices of soymeal firmed up while supplies tightened amid lower crushing output. Additionally, strong CBOT soy futures prices lent support to the market.
Tuesday, January 29, 2013
China Soymeal Weekly: Price hike slows (week ended Jan 25, 2013)
CBOT soy prices were stable as the sales of US soy exceeded expectation. Demand waned in China after several large buyers have stockpiled sufficient inventories to last during the long Chinese New Year holidays. Hence, soymeal price hikes s ...
Monday, January 21, 2013
China Soymeal Weekly: Prices rebound on stronger demand (week ended Jan 18, 2013)
CBOT soy futures prices rebounded of late as speculators returned to the market. China's soymeal market strengthened as feed millers began to stockpile inventories before the Chinese New Year holidays, in view that prices are at near-term l ...
Tuesday, January 15, 2013
China Soymeal Weekly: Crushers cut prices amid subdued soymeal demand (week ended Jan 11, 2013)
CBOT soy futures prices continued to slide amid imminent increase in supplies due to Brazil's bumper harvest. In China, feed millers and large livestock producers limited purchases in anticipation of weaker soy soymeal prices. Crushers were ...
Monday, January 7, 2013
China Soymeal Weekly: Bumper Brazil soy harvest drags down China soymeal prices (week ended Jan 4, 2013)
CBOT soy futures market fell considerably during the period in review due to Brazil's 83 million tonnes bumper soy harvest, which was 26% higher compared with the previous year. With CBOT soy futures falling and buying interest weak after t ...
Monday, December 31, 2012
China Soymeal Weekly: Soymeal market shows signs of weakening (week ended Dec 28, 2012)
China's feed millers turned cautious soy import costs trended lower during the period in review. Moreover, as buyers have stocked substantial feed inventories of late, demand is likely to slow down in the near term. Soymeal prices dipped in ...
Tuesday, December 25, 2012
China Soymeal Weekly: China soymeal market firm despite weakened CBOT soy prices (week ended Dec 21, 2012)
CBOT soy futures dipped significantly as Chinese traders cancelled 960,000 tonnes of orders lately. Nonetheless, soymeal prices in China continued to soar as crushers who were making paltry profits raised prices while supplies remained tigh ...
Monday, December 17, 2012
China Soymeal Weekly: Stronger confidence in livestock markets underpin prices (week ended Dec 14, 2012)
USDA revised lower US soy stocks, the reduction was not prominent enough to tip the supply-demand balance of the market. Hence, CBOT soy futures prices stayed firm but fell short of a strong rally. In China, soymeal prices rose further in m ...
Sunday, December 9, 2012
China Soymeal Weekly: Prices continue to rally (week ended Dec 7, 2012)
CBOT soy futures prices surged significantly over the week amid strengthening demands. China's soymeal prices continued to rise on the back of soaring CBOT soy prices. Moreover, as hog markets showed stronger signs of recovery, feed millers ...
Monday, December 3, 2012
China Soymeal Weekly: Prominent rise in prices (week ended Nov 30, 2012)
Concerns over South America's climatic effects on the soy production resulted in stronger CBOT soy prices over the week. In China, soymeal prices registered greater rise than the previous week on the back of rising imports costs and tighten ...
Monday, November 26, 2012
China Soymeal Weekly: Prices stabilise in tandem with CBOT market (week ended Nov 23, 2012)
As analysts reduced the forecasts for South America's soy harvests, CBOT soy futures prices strengthened moderately during the period in review. This helped to underpin China's soymeal prices even though demand showed little improvement.
Monday, November 19, 2012
China Soymeal Weekly: Price tumbles 20% in ten weeks (week ended Nov 16, 2012)
CBOT soy futures prices dipped over the week due to concerns over US financial woes, South America's favourable soy planting conditions and China buyers' cancellation of orders. As a result, soymeal prices in China tumbled under the pressur ...
Monday, November 12, 2012
China Soymeal Weekly: Market sinks further on weak CBOT soy prices (week ended Nov 9, 2012)
The prospect of a bumper harvest in South America, and the higher forecasts of US soy output, CBOT soy futures prices dipped to two-and-a-half-week low during the period in review. The imminent rise in soy supplies, together with the cautio ...
Monday, November 5, 2012
China Soymeal Weekly: Price dips 14% in two months; slower falls expected (week ended Nov 2, 2012)
CBOT soy futures prices were higher early last week, but came under pressure after analysts projected US soy harvest to fare better that USDA's forecasts. Overall demand continued to stay weak in China although several feed millers restocke ...
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