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Tuesday, January 19, 2016
China Soymeal Weekly: Lower US soy production forecast, firm pre-festive demand uphold China soymeal prices (week ended Jan 17, 2016
Over the week, CBOT soy futures moved higher as USDA lowered US soybean production forecast in the latest report. With the support of a stronger soy market and firm pre-Chinese New Year demand, soymeal prices strengthened modestly. Most cru ...
Wednesday, January 13, 2016
China Soymeal Weekly: Improved demand, higher costs underpin prices (week ended Jan 10, 2016)
CBOT soy futures strengthened, albeit marginally, during the week in review. In China, demand for soymeal improved as end-users began to stock up for the long Chinese New Year holidays during mid-February. With soy import costs on the rise ...
Tuesday, January 5, 2016
China Soymeal Weekly: Limited price movement (week ended Jan 3, 2016)
CBOT soy futures weakened, albeit marginally, during the period in review.
Tuesday, December 29, 2015
China Soymeal Weekly: Pre-festive preparation holds demand stable (week ended Dec 27, 2015)
CBOT soy futures consolidated lower after the previous week's gains under increased supply pressure from Argentina. In China, crushers held prices of soymeal firm in view of lower soy imports entering January. They were also keen to uphold ...
Tuesday, December 29, 2015
China's buying of Brazilian soy increases 22.7% in Jan - Nov 2015
China's acquisition of Brazilian soy rose 22.7% year-on-year in January - November 2015, to a volume of 39.06 million tonnes, according to Brazil's Foreign Trade Secretariat (Secex).
Monday, December 21, 2015
China Soymeal Weekly: Stronger CBOT soy futures underpin China soymeal prices (week ended Dec 20, 2015)
CBOT soy futures opened lower last week but rebounded before the week ended as the dry spell in Brazil sparked concerns over the country's soy harvest. Soy futures prices in Dalian Commodities Exchange rose in tandem, prompting buyers to in ...
Tuesday, December 15, 2015
China Soymeal Weekly: Prices weaken amid oversupply (week ended Dec 13, 2015)
Despite an initial surge, CBOT soy futures closed lower during the week in review with excess availability exerting pressure on the market. In China, soymeal prices continued to slide with feed demand sluggish and crushers sustaining high o ...
Wednesday, December 9, 2015
China Soymeal Weekly: Prices consolidate, outlook uncertain (week ended Nov 29, 2015)
CBOT soy futures prices consolidated after rising strongly in the previous week. Attracted by the low prices, more end-users were making purchases of late, helping to support the soymeal market. However, with soy imports plentiful and crush ...
Tuesday, December 1, 2015
China Soymeal Weekly: Firmer CBOT soy market underpins China soymeal prices (week ended Nov 29, 2015)
CBOT soy futures prices surged prominently during the week in preview. Soymeal futures prices in China tumbled early last week but pared losses later with the support of a strengthening global soy market. In the open market, soymeal prices ...
Tuesday, November 24, 2015
China Soymeal Weekly: Prices fall to eight-year low (week ended Nov 22, 2015)
USDA soy futures prices were range bound during the week in review. Soymeal market weakened as crushers cut prices to entice buyers to place orders early for January's pre-Chinese New Year market. Average soymeal price broke May's record, f ...
Tuesday, November 17, 2015
China Soymeal Weekly: Prices slide as traders clear stocks (week ended Nov 15, 2015)
USDA's November report maintained historic high projections of soy yield and production in the US, resulting in a weak CBOT soy futures market.
Monday, November 9, 2015
China Soymeal Weekly: Weakened CBOT soy, poor demand drag down soymeal prices (week ended Nov 8, 2015)
CBOT soy futures prices dropped considerably lately as market participants anticipated USDA to release a report bearish to the market on November 10. Since mid-October, soy futures prices have fallen 5%, dragging Dalian soy futures down by ...
Tuesday, November 3, 2015
China Soymeal Weekly: Market shows no signs of recovering (week ended Nov 2, 2015)
CBOT soy futures prices stayed weak, moving within a narrow range amid poor buying interest. With a projected soy import of 5.5 million tonnes in October, soymeal supplies remained ample in China.
Monday, October 26, 2015
China Soymeal Weekly: Prices soften as supply exceeds demand (week ended Oct 25, 2015)
The smooth harvesting of US soy crops exerted pressure on the CBOT soy futures market. In China, soymeal supplies increased as crushing rates returned to normal levels whereas demand dwindled after several feed millers have procured suffici ...
Tuesday, October 20, 2015
China Soymeal Weekly: Prices consolidate higher (week ended Oct 18, 2015)
CBOT soy futures prices strengthened over the week amid strong export demand.
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