Brief introduction of soybean meal spot market transaction in Europe and America on Monday
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Last Update: 2002-06-19
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Source: Internet
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Author: User
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Introduction: Rotterdam, June 17 news: due to the recovery of the US dollar and the expected decline of CBOT soybean meal, trading volume in the spot feed meal market in Europe remained weak on Monday One ship of Argentine soybean meal to port is quoted at US $169 / ton CIF Rotterdam "It's another dull day today, with the trend of the dollar and the fall of the overnight A / C / e electronic disk affecting the confidence of buyers," said one broker Chicago, June 17: spot soybean meal basis prices in the Midwest of the United States remained stable on Monday, although market demand remained sluggish, but the continuous shutdown of oil plants also supported the basis Dealers said that the buyer's stock in June and July was full, and only a small number of recent positions were closed at present CBOT's July squeeze arbitrage was 65.05 cents / bushel Two oil plants in Kansas are said to be shutting down for the summer at the end of the week The spot export price of ports in the Gulf region: the spot CIF price is 7 US dollars, the FOB price is 12 US dollars; the forward CIF price in July is 8 US dollars, and the forward FOB price in August is 13 US dollars Traders reported that KFA in South Korea purchased 50000 tons of South American soybean meal, and two other South Korean companies purchased 38000 tons of South American soybean meal The may crush monthly report, published by the national oilseed processing Association (NOPA), showed that the U.S soybean crush in May was 136 million bushels, up from 135 million bushels in April and 128 million bushels in the same period last year (author:) share to feed Weibo share to:
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