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Wednesday, December 19, 2018
China Soymeal Weekly: Imminent supply expansion drags down prices (week ended Dec 10, 2018)
Prices of CBOT March soy futures closed lower by 1.7%. As news of China importing 1.13 million tonnes of soy from the US spread, the demand for soymeal weakened further. With usages slow due to decreased protein requirements in feed product ...
Wednesday, December 12, 2018
China Soymeal Weekly: Market shows no signs of stabilising (week ended Dec 10, 2018)
Soymeal market remained weak in China although CBOT soy futures prices surged for the consecutive second week. As the protein requirements for feeds remained low while the sales of hog feed were sluggish, feed producer were not keen to expa ...
Tuesday, December 4, 2018
China Soymeal Weekly: Slow feed demand drags down China soymeal prices (week ended Dec 3, 2018)
Over the week, prices of CBOT January soy futures closed higher by 1.5%. Sales of soymeal were sluggish with hog feed consumption slow and the protein requirements of animal feeds reduced. Moreover, soymeal buyers before the presidents of C ...
Wednesday, November 28, 2018
China Soymeal Weekly: Buyers withhold buying, market weakens (week ended Nov 26, 2018)
Hog feed producers were not keen to stock soymeal as the disease situation showed no signs of improving. With China and US presidents set to meet soon during the G20 summit, buyers stood on the side lines in anticipation of a favourable out ...
Wednesday, November 14, 2018
China Soymeal Weekly: Market weakens further (week ended Nov 12, 2018)
Buyers withheld soymeal purchases as the trade war between the US and China showed signs of easing while the presidents of the two countries arranged to meet. Meanwhile, feed millers limited the production of hog feed as the outbreak of Afr ...
Thursday, November 8, 2018
China Soymeal Weekly: Subdued demand drags down China soymeal prices despite surging soy futures (week ended Nov 5, 2018)
Despite stronger CBOT soy futures prices, China's soymeal market weakened over the past week. Feed millers held back purchases as China government lowered the protein requirements in feeds, while market participants saw hope in the trade wa ...
Tuesday, October 30, 2018
China Soymeal Weekly: Significant fall in China soymeal prices as CBOT weakens (week ended Oct 29, 2018)
Soymeal prices slid 1.5% while the output of crushers in major coastal provinces expanded by 80,000 tonnes to 1.73 million tonnes.
Tuesday, October 23, 2018
China Soymeal Weekly: Market rally cools down (week ended Oct 22, 2018)
The fervor in China's soymeal market cooled as the prices of US soy futures softened. Moreover, the outlook of the hog market was uncertain with post-festive population low and the outbreak of African swine fever showing no signs of improvi ...
Tuesday, October 16, 2018
China Soymeal Weekly: Prices soar 14% in six weeks (week ended Oct 15, 2018)
As September soy imports plunged 13% to 8 million tonnes compared with a year ago, the availability of soymeal was scarce in China. Meanwhile, soy inventories in south America has bottomed, hence sparking fears among Chinese soymeal users t ...
Thursday, October 4, 2018
China Soymeal Weekly: Soy import concern drives up soymeal prices (week ended Sep 30, 2018)
Prices of soymeal soared further in China amid fears of supply shortages. Although demand for feed was flat, hence limiting the usages of soymeal, buyers stockpiled inventories in anticipation of tightening availability and strong prices ah ...
Wednesday, September 26, 2018
China Soymeal Weekly: Market strengthens despite softer feed demand (week ended Sep 24, 2018)
Feed sales slowed due to the swine disease outbreak and the ending of pre-October holidays stockpiling. Nevertheless, soymeal prices moved higher by 1.5% as crushers stood firm while costs costs were high costs and supplies set to be inadeq ...
Monday, September 17, 2018
China Soymeal Weekly: China soymeal market continues to unhook from global soy price movements (week ended Sep 17, 2018)
Although the spreading of swine disease decimated the demand for feed and hence soymeal from the livestock sector, prices of soymeal climbed further by 1% amid robust sales. In anticipation of tight soymeal availability and soaring prices d ...
Monday, September 10, 2018
China Soymeal Weekly: Tight availability strengthens markets (week ended Sep 10, 2018)
Despite weak global soy futures prices, China's soymeal market strengthened by 1.1% over the week. With the costs of US soy imports tremendously higher due to the trade war, supplies tightened as importers decreased buying. Crushers lifted ...
Wednesday, September 5, 2018
China Soymeal Weekly: Buyers limit buying, exert pressure on market (week ended Aug 27, 2018)
Prices of CBOT November soy futures slid 1.4%. Demand for soymeal softened in China as hog feed producers held back purchases amid concerns of climbing disease rates of African swine fever. Although prices strengthened in some regions where ...
Wednesday, August 29, 2018
China Soymeal Weekly: Tumbling CBOT soy market disrupts China soymeal rally (week ended Aug 27, 2018)
Participants were diverged over the outlook of the soy and soymeal markets. On the one hand, tumbling CBOT soy futures prices prompted several buyers to hold back the purchases of soymeal; on the other hand, others continued to build invent ...
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