Soybean meal: weak shock, temporarily wait and see

Market Analysis:wyNU.Ssoybean prices rushed back, on the one hand, U.Ssoybean farmers at 1500 cents / Pu one side is happy to sell, on the other hand, South American soybeans to the United States trade chain partially opened, in June and July is expected to a total of 210,000 tons of South American soybeans shipped to the United States111290/,。 Domestic spot market, downstream pick-up is still cautious, two weeks in a row smooth and light trading, spot prices slightly loose, but the oil plant prices remain, the September base difference remained at 530 yuan / tonwyN
Domestic market, imports of soybeans to Hong Kong accelerated, Brazil's export speed also accelerated, after the market of domestic imports of soybeans to loose for a large probability event, strong spot prices have loosenedDomestic soybean meal spot market in the last 8 trading days trading is relatively light, USDA report expected short undelivered, the near future should have a certain demand for stock, the short-term price of a sharp decline is more difficultwyN
Brazil exported a record 7.95m tonnes of soybeans in May, a record high of 7.28m tonnes, of which more than 60 per cent were destined for ChinaIn early June, Brazil's ports shipped about 2.5 million tons of soybeans, still saturatedAfter the market, with the South American soybeans gradually arrived in Hong Kong, domestic soybean meal supply increase expectations continue to strengthen, after the market price decline probability gradually increasedwyN
　　Today' domestic coastal large-scale oil plant soybean meal price weak shock The price of soybean meal in some oil plants in North China fell steadily, with Tianjin 93 quoted 4120 yuan/tonne, down 30 yuan/tonne from yesterday The price of soybean meal of the oil plant in Shandong was relatively stable, and the price of Yantai factory was 4160 yuan/tonne, which did not change much The price of soybean meal of the oil plant in Jiangsu fell, and Lianyungang (3.04, -0.04, -1.30%) Yihai quoted 4180 yuan/tonne, down 20 yuan/tonne from yesterday At present, the spot market transactions in general, port soybean stocks continue to rebound, after the market looks weak wyN
　　Soybean meal today overall more flat, low weak shock, transaction downturn, 01 contract in 3200 yuan / ton on the line to find support, continue to wait and see wyN market analysis: wyN U.S soybean prices rushed back, on the one hand, U.S soybean farmers in the 1500 cents / Pu first line is happy to sell, on the other hand, South American soybeans to the United States trade chain partially opened, in June and July is expected to a total of 210,000 tons of South American soybeans shipped to the United States 111290/,。 Domestic spot market, downstream pick-up is still cautious, two weeks in a row smooth and light trading, spot prices slightly loose, but the oil plant prices remain, the September base difference remained at 530 yuan / ton wyN
　　Domestic market, imports of soybeans to Hong Kong accelerated, Brazil's export speed also accelerated, after the market of domestic imports of soybeans to loose for a large probability event, strong spot prices have loosened Domestic soybean meal spot market in the last 8 trading days trading is relatively light, USDA report expected short undelivered, the near future should have a certain demand for stock, the short-term price of a sharp decline is more difficult wyN
　　Brazil exported a record 7.95m tonnes of soybeans in May, a record high of 7.28m tonnes, of which more than 60 per cent were destined for China In early June, Brazil's ports shipped about 2.5 million tons of soybeans, still saturated After the market, with the South American soybeans gradually arrived in Hong Kong, domestic soybean meal supply increase expectations continue to strengthen, after the market price decline probability gradually increased wyN
　　Today' domestic coastal large-scale oil plant soybean meal price weak shock The price of soybean meal in some oil plants in North China fell steadily, with Tianjin 93 quoted 4120 yuan/tonne, down 30 yuan/tonne from yesterday The price of soybean meal of the oil plant in Shandong was relatively stable, and the price of Yantai factory was 4160 yuan/tonne, which did not change much The price of soybean meal of the oil plant in Jiangsu fell, and Lianyungang (3.04, -0.04, -1.30%) Yihai quoted 4180 yuan/tonne, down 20 yuan/tonne from yesterday At present, the spot market transactions in general, port soybean stocks continue to rebound, after the market looks weak wyN
　　Soybean meal today overall more flat, low weak shock, transaction downturn, 01 contract in 3200 yuan / ton on the line to find support, continue to wait and see wyN