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Tuesday, November 3, 2020
China Soymeal: Price rally takes a break (week ended Nov 2, 2020)
Over the week, prices of CBOT January soy futures decreased 2.3%.
Monday, October 26, 2020
China Soymeal: 22% price surge since June (week ended Oct 26, 2020)
Demand for soymeal was firm as feed producers stocked inventories in view of expanding hog feed consumption and tight soymeal availability due to the disappointing soy harvests. Additionally, the costs of soymeal production are set to rise ...
Wednesday, October 21, 2020
China Soymeal: Strong price surge amid supply concern, rising costs (week ended Oct 19, 2020)
Over the week, prices of CBOT November soy futures increased 2.3%.
Monday, October 5, 2020
China Soymeal: Prices consolidate lower on softer demand (week ended Oct 5, 2020)
Soymeal prices were mixed in China, as sales slowed while market participants prepared for the upcoming holidays. Meanwhile, supplies of soymeal were ample with weekly crushing volumes reaching a high of 2.27 million tonnes.
Friday, October 2, 2020
China Soymeal: Prices soar 7% in six weeks (week ended Sep 28, 2020)
Over the week, prices of CBOT November soy futures fell by 2% after climbing for several weeks.
Tuesday, September 8, 2020
China Soymeal: Market strengthens amid concerns of high soy import costs (week ended Sep 7, 2020)
Over the week, prices of CBOT November soy futures rose further by 1.9%, reaching levels unseen since June 2018.
Tuesday, September 1, 2020
China Soymeal: Global soy futures rally underpins China soymeal market (week ended Aug 31, 2020)
Over the week, prices of CBOT November soy futures surged a whopping 5%, hitting seven month highs amid speculations of low harvests in the US due to dry climates.
Wednesday, August 26, 2020
China Soymeal Weekly: Prices stay stable (week ended Aug 24, 2020)
Feed producers withheld purchases as the availability of soymeal increased amid ample soy supplies. Prices of soymeal consolidated following the previous week's significant fall.
Tuesday, August 18, 2020
China Soymeal Weekly: Ample availability weighs down prices (week ended Aug 17, 2020)
Even as global soy price strengthened lately, China's soymeal market weakened as state soy auctions increased supplies considerably. Moreover, crushers inventories expanded amid expanded output and cautious demand.
Wednesday, August 12, 2020
China Soymeal Weekly: Prices consolidate lower from high levels (week ended Aug 3, 2020)
Crushers in China stepped up production while soy availability increased. With supplies ample and the global soy market weakening, soymeal prices in China moved lower during the week in review.
Monday, July 27, 2020
China Soymeal Weekly: Crushers' inventories dwindle rapidly amid strong demand (week ended Jul 27, 2020)
Anticipating soy harvests to be poorer than expected, buyers eagerly stockpiled inventories of soymeal. Inventories of crushers dwindled rapidly over the past two weeks. Some crushers reported that pre-orders were so strong that at least ha ...
Wednesday, July 8, 2020
China Soymeal Weekly: Strong price rebound (week ended Jul 6, 2020)
Prices of soymeal increased as crushers were wary of the surge in the import costs of US soy beans. However, with weekly crushing volumes staying above 2 million tonnes, and the production of feed limited, soymeal inventories of sellers exp ...
Tuesday, June 30, 2020
China Soymeal Weekly: Market stable, sales limited (week ended Jun 29, 2020)
Soymeal sales were limited as feed producers continued to hold back purchases. This, together with expanding crushers' inventories, put a lid on soymeal prices.
Tuesday, June 23, 2020
China Soymeal Weekly: Prices consolidate lower on cautious demand (week ended Jun 22, 2020)
China held its second round of reserves soy auction on June 19. With demand robust, closing prices were high and the 47,579 tonnes offered were fully sold within minutes.
Wednesday, June 17, 2020
China Soymeal Weekly: Lacklustre demand, weak prices (week ended Jun 15, 2020)
Demand for soymeal remained soft while the sales of hog feed were limited. Meanwhile, new outbreaks of the Wuhan coronavirus in Beijing sparked fears that the second wave of the pandemic might have started in China. Buyers withheld buying a ...
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