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Monday, July 2, 2012
China Soymeal Weekly: Price hits 19-month high (week ended Jun 29, 2012)
Shrinking inventories of soy in the US together with pessimistic outlook of the country's coming soy harvest supported CBOT soy futures market to strengthen further. In China, feed demand for soymeal remained slow as most hog farms continue ...
Monday, June 25, 2012
China Soymeal Weekly: Prices rise 5% in 3weeks (week ended Jun 22, 2012)
The hot summer weather cast a shadow on US soy harvest in the mid-west region. Consequently, a bullish CBOT soy futures market, which sent July contracts higher by 4.8%, boosted China's soymeal markets over the week. The rally over the past ...
Monday, June 18, 2012
China Soymeal Weekly: Soymeal markets stay firm; soy inventory rising (week ended Jun 15, 2012)
CBOT soy futures strengthened further over the week, lifting China's soymeal prices in tandem. Nonetheless, in Hebei, prices that rose too sharply previously corrected down. Feed demand for soymeal remained limited as buyers were concerned ...
Monday, June 11, 2012
China Soymeal Weekly: Price slide ends amid surging CBOT soy futures (week ended Jun 8, 2012)
Soymeal prices remained weak in the early parts of last week amid slack demand. Between May 24 and June 7, the three soy auctions held by the Chinese government failed to gather sufficient interest, resulting in sliding bidding prices. None ...
Monday, June 4, 2012
China Soymeal Weekly: Prices soften further (week ended Jun 1, 2012)
Concerns over Europe's economic woes held CBOT soy futures prices weak during the period in review. Domestically, buying interest was poor as feed mills and farms limited procurements with livestock products prices staying soft. As a result ...
Monday, May 28, 2012
China Soymeal Weekly: Price falls for fourth consecutive week (week ended May 25, 2012)
CBOT soy futures prices accumulated a significant drop of 1.6% during the week in review. This together with lacklustre demand from the feed sector pressurized China's soymeal market to weaken for the fourth consecutive week. Compared with ...
Monday, May 21, 2012
China Soymeal Weekly: Prudent mood drags down prices (week ended May 18, 2012)
Abundant soy imports, slack feed demand and China government's likely selling of soy from the state reserves depressed soymeal prices. Towards end of the week a strengthened CBOT soy futures market lent some support to soymeal prices, reduc ...
Tuesday, May 15, 2012
China Soymeal Weekly: Market soft amid government soy sales rumours (week ended May 11, 2012)
CBOT soy futures prices were weak during the period in review, lending little support to China's soymeal market. As the government is likely to release 3 million tonnes of soy reserves for sales, buyers withheld purchases while sellers nego ...
Tuesday, May 8, 2012
China Soymeal Weekly: Buyers cautious amid uncertain outlook (week ended May 4, 2012)
As CBOT soy market consolidated lower after hitting new record in the previous week, China's soymeal prices softened in tandem. Feed millers and farmers were cautious in China with soymeal market volatile and hog prices slack.
Monday, April 30, 2012
China Soymeal Weekly: China's buying lifts CBOT soy price, strengthens domestic soymeal market (week ended Apr 27, 2012)
China's soymeal markets were strengthened by CBOT soy futures, which rose on strong export sales to China and waning crop prospect in South America. Although Chinese traders are aggressive in the global market, buyers stay cautious domestic ...
Monday, April 23, 2012
China Soymeal Weekly: Prudent mood weakens market (week ended Apr 20, 2012)
Poor performance of livestock markets, in conjunction with concerns that aquaculture recovery is likely to be affected by heavy rains and floods, weakened the demand for soymeal. Unless, CBOT soy futures prices strengthen in the coming peri ...
Monday, April 16, 2012
China Soymeal Weekly: Prices consolidate lower after accumulating 16% rise (week ended Apr 13, 2012)
China's soymeal prices consolidated lower in several regions as buyers turned cautious while prices surged 16% in 11 weeks, approaching last year's annual record set in February. Soymeal market is likely to be soft in the near term as buyer ...
Monday, April 9, 2012
China Soymeal Weekly: Strong rise in China soymeal prices (week ended Apr 6, 2012)
Feed demand for soymeal firmed up as buyers started to stock inventories in view of usage with aquaculture recovery gaining speed. Consequently, soymeal prices increased over 5% in several regions. Concerns over soy production fall in the U ...
Monday, April 2, 2012
China Soymeal Weekly: Market regains momentum (week ended Mar 30, 2012)
China's soymeal prices rebounded after the recent week's temporary slide. Traders lifted prices as US soy production was adjusted lower, which strengthened CBOT soy prices as a result. Overall, demand in China improved but at a slow pace.
Monday, March 26, 2012
China Soymeal Weekly: Strong prices hamper buying (week ended Mar 23, 2012)
As soymeal prices have increased by over 10% since November 2011 feed millers were reluctant to stock inventories. In a bid to entice buyers, some traders negotiated prices of late. The upward potential of soymeal market will be limited in ...
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