Brazil's soybean: export premium narrowed and local soybean price rose
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Last Update: 2002-07-01
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Source: Internet
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Author: User
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Introduction: Sao Paulo, June 29 news: due to the rise of soybean prices in the international market and the decline of Brazil's exchange rate, Brazil's local soybean prices jumped last week, and the increase in export water dropped significantly A trader at a large export company in Sao Paulo said, "these days are very busy Farmers not only sell the current crops, but also carry out forward sales." Trading reports showed that continued gains in Chicago boosted sales in the South and Midwest, but the volume of orders was small The July shipment is 5 to 8 cents higher than the Chicago contract, compared with 20 to 23 cents in the same period last week In August, the shipping premium dropped from 28 to 30 cents last week to 12 to 14 cents (author:) share to feed Weibo share to:
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