Argentina soybean: supply increase, price decrease
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Last Update: 2002-06-10
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Source: Internet
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Author: User
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Introduction: Buenos Aires, June 7 news: Argentina's soybean spot price rose 9 days in a row on Friday, and finally fell, ending the week with a negative line On the one hand, due to the decline of Chicago's soybean market, on the other hand, local supply slightly increased But local traders believe that if export demand is good next week, soybean prices are expected to continue to rise, because the overall trend of soybean is still strong Rosario's soybean price fell 4-6 pesos to 520-522 pesos / ton, or 144 US dollars to 144.55 US dollars.
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