Easy supply soybean meal prices remain bearish
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Last Update: 2020-07-01
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Source: Internet
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Author: User
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Introduction:Cigdomestic soybean meal futures this week with the U.Ssoybeans rose slightly, while the spot market out of the futures "control" weak downward; Futures, as the U.Ssoybean spot market firmly boosted the contract in recent months, weather factors limit the long-term contract rebound, the outside market presents a near strong and far weak patternEven plate soybean meal is limited by its guidance, the overall in the partial pattern of the overall in the partial pattern in the partial patternCig
U.Ssoybeannears near strong and far weak on the guidance of even soybean meal limitedCigCigU.Ssoybeannear near strong and weak pattern continued, due to tight U.Sspot supply, soybean spot prices are strong, the recent month 07 contract this week rose for the fifth day, hit a two-week highAs the weather in the Midwest approached perfect, the new soybean 11 contract under pressure fell, unable to break through the 1290 cents/p.mkey resistanceThe U.Sbean 07 contract was volatile this week, up 4.77 percent for the week, while the new 11 contracts were down, down 1.68 percentAlthough the U.Ssoybean market remains near strong and weak, but the domestic soybean meal price guidance is limited; The 09 contract was up 0.99 per cent for the week, while the main 1401 contract was up 0.48 per centEven the whole soybean meal is in the partial pattern, the operation of the recommended wait-and-see-orientedCig
The supply side gradually loose soybean meal spot prices continue to decline
CigCigCigdomestic soybean meal spot market still fell mainly, the decline is significantly narrower than last week; This week's average price of soybean meal was 3890 yuan/tonne, down 100 yuan/tonne from last week, while soybean meal prices in the northeast and coastal port areas fell more significantlyThe weekly turnover was 346,000 tons, up 104,000 tons from the previous weekVisible oil plant active shipping mentality is stronger, according to the oil plant to understand some of the active consultation traders and feed plant stock situation, and the spot traders are lower than the oil plant transaction price, which can be seen that the soybean meal market is more seriousThis week,310,000 tons of soybeans were squeezed by oil plants across the country, down about 5.6 percent from last week and 51 percent from last week, down about 3 percent from last weekDue to the arrival of soybeans after unloading ships need to wait in line, resulting in some oil plants temporarily shut down or delayed start-up, but the overall is still at a high levelWith soybeans concentrated in Hong Kong and unloading ships, it is expected that next week the start-up rate of oil plants will be significantly increased to ultra-high levels, the amount of pressing will be about 15% of the room for improvement this weekOn the inventory side, the port soybean inventory returned to more than 5 million tons, the oil plant soybean and inventory rose rapidly, and gradually increased in the later period; Procurement is recommended as you buy, holding 5-7 days inventory is appropriate Cig
Farming downturn Demand for soybean meal limited Cig poultry farming is still mainly in shock adjustment, broiler prices continue to fluctuate a small increase adjustment, while egg prices remain depressed Tolearn from farmers, the recent market downturn in farming, are in the cost of a line of operation, low egg prices are a fact Pig continues to be depressed, this week the national pig prices continue to fluctuate slightly, the rise and fall is limited, piglet prices are somewhat loose, slightly down This week's ratio of 6.14:1 is still above the break-even line, but farmers are still losing money on their own As temperatures rise, the following July and August are the traditional off-season for meat consumption, apparently unsupportive in demand for soybean meal Cig
After the forecast Cig the domestic soybean meal market bearish atmosphere is stronger From the gradual easing of supply in the face to the downturn in demand, the soybean meal market has been depressed Next week even soybean meal will follow the rise in the uin' bean, but the impact on the spot side is small Soybean meal supply tight situation has been greatly alleviated, the yan believes that next week the spot price of soybean meal continues to be in the empty thinking does not change Cig Introduction: Cig domestic soybean meal futures this week with the U.S soybean smaller rise, while the spot market out of the futures "control" weak downward; Futures, as the U.S soybean spot market firmly boosted the contract in recent months, weather factors limit the long-term contract rebound, the outside market presents a near strong and far weak pattern Even plate soybean meal is limited by its guidance, the overall in the partial pattern of the overall in the partial pattern in the partial pattern Cig
U.S soybeannears near strong and far weak on the guidance of even soybean meal limited Cig Cig U.S soybeannear near strong and weak pattern continued, due to tight U.S spot supply, soybean spot prices are strong, the recent month 07 contract this week rose for the fifth day, hit a two-week high As the weather in the Midwest approached perfect, the new soybean 11 contract under pressure fell, unable to break through the 1290 cents/p.m key resistance The U.S bean 07 contract was volatile this week, up 4.77 percent for the week, while the new 11 contracts were down, down 1.68 percent Although the U.S soybean market remains near strong and weak, but the domestic soybean meal price guidance is limited; The 09 contract was up 0.99 per cent for the week, while the main 1401 contract was up 0.48 per cent Even the whole soybean meal is in the partial pattern, the operation of the recommended wait-and-see-oriented Cig
The supply side gradually loose soybean meal spot prices continue to decline
Cig Cig Cig domestic soybean meal spot market still fell mainly, the decline is significantly narrower than last week; This week's average price of soybean meal was 3890 yuan/tonne, down 100 yuan/tonne from last week, while soybean meal prices in the northeast and coastal port areas fell more significantly The weekly turnover was 346,000 tons, up 104,000 tons from the previous week Visible oil plant active shipping mentality is stronger, according to the oil plant to understand some of the active consultation traders and feed plant stock situation, and the spot traders are lower than the oil plant transaction price, which can be seen that the soybean meal market is more serious This week,310,000 tons of soybeans were squeezed by oil plants across the country, down about 5.6 percent from last week and 51 percent from last week, down about 3 percent from last week Due to the arrival of soybeans after unloading ships need to wait in line, resulting in some oil plants temporarily shut down or delayed start-up, but the overall is still at a high level With soybeans concentrated in Hong Kong and unloading ships, it is expected that next week the start-up rate of oil plants will be significantly increased to ultra-high levels, the amount of pressing will be about 15% of the room for improvement this week On the inventory side, the port soybean inventory returned to more than 5 million tons, the oil plant soybean and inventory rose rapidly, and gradually increased in the later period; Procurement is recommended as you buy, holding 5-7 days inventory is appropriate Cig
Farming downturn Demand for soybean meal limited Cig poultry farming is still mainly in shock adjustment, broiler prices continue to fluctuate a small increase adjustment, while egg prices remain depressed Tolearn from farmers, the recent market downturn in farming, are in the cost of a line of operation, low egg prices are a fact Pig continues to be depressed, this week the national pig prices continue to fluctuate slightly, the rise and fall is limited, piglet prices are somewhat loose, slightly down This week's ratio of 6.14:1 is still above the break-even line, but farmers are still losing money on their own As temperatures rise, the following July and August are the traditional off-season for meat consumption, apparently unsupportive in demand for soybean meal Cig
After the forecast Cig the domestic soybean meal market bearish atmosphere is stronger From the gradual easing of supply in the face to the downturn in demand, the soybean meal market has been depressed Next week even soybean meal will follow the rise in the uin' bean, but the impact on the spot side is small Soybean meal supply tight situation has been greatly alleviated, the yan believes that next week the spot price of soybean meal continues to be in the empty thinking does not change Cig
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