Argentina soybean fell for the second consecutive day
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Last Update: 2002-07-29
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Source: Internet
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Author: User
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Introduction: Buenos Aires, July 26 news: on Friday, following the fall of Chicago futures market, Argentine soybean prices continued to fall in the second trading day, with few transactions Local soybean prices are closely related to the trend of the world's largest grain futures exchange In recent weeks, Chicago futures market due to weather factors in the U.S soybean belt, the price volatility is particularly fierce Following the Chicago market, Argentine prices rose on Monday, fell on Tuesday, rose again on Wednesday and fell on Thursday "Friday was quiet Chicago fell and there was no local supply Almost no sales " Said a Rosario trader In Rosario, oilseeds fell 6 to 11 pesos to 530 to 535 pesos per ton The volume is only 4000 tons, only 15% of the usual volume at this time of the year "If farmers don't like the price and they don't need to sell, then they can not sell," said one trader "Bahia Blanca soybeans fell 5 pesos to close at 535 pesos; quequeen closed at 515 pesos; Buenos Aires closed at 520 pesos (author:) share to feed Weibo share to:
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