Dynamic analysis of soybean meal market in 2000 (10.3)

OA show ('918 '); after the Spring Festival in 2000, the price of soybean meal quickly recovered to $236 / ton, up 21% The price rise started in South China In a week, the price of soybean meal in Jiangxi wholesale market rose rapidly from 205 US dollars / ton to 253 US dollars / ton Then the price of Shandong, Henan and Hebei also rose to 240 US dollars / ton The price of Heilongjiang Province in Northeast China also rose from 170 US dollars / ton to 217 US dollars / ton The main reasons for the rise of soybean meal price in this period are as follows: (1) during the Spring Festival, the shutdown of oil plants affected the soybean meal production; secondly, the number of soybean meal produced in the Northeast decreased in the south, which also affected the soybean meal supply of China's soybean meal consumption provinces (2) After the Spring Festival, the aquaculture industry in the South and the Yangtze River Basin began to recover However, since the second half of 1999, the oil processing enterprises in the region mainly crush rapeseed, the soybean meal production has been greatly reduced (3) With the decrease of soybean meal production in South China, the import of soybean meal also decreased significantly Soybean meal prices rose, and soybean crushing enterprises started to produce at full capacity, which led to the decline of soybean oil prices The price of China's soybean oil wholesale market dropped from 790 US dollars / ton before the Spring Festival to 747 US dollars / ton However, due to the rapid increase of soybean demand, the price of soybean wholesale market also rebounded rapidly The price of soybean in Heilongjiang Province has risen from 222 US dollars / ton before the Spring Festival to 271 US dollars / ton, Soybean prices in Jilin also rose to $260 per ton It should be said that the rapid rise of soybean meal price in this period basically reflects the basic supply and demand relationship of all parts of China at that time In the following March and April, the wholesale market price of soybean meal basically stabilized at about 240 USD / ton In May 2000, the price of soybean meal increased from 247 US dollars / ton to 298 US dollars / ton in one month (higher than the wholesale market price of soybean in the same period), up 20% Although China's soybean output in 1999 was about 1 million tons lower than that of the previous year, by the end of April, China's soybean import in this year was 1.6 million tons higher than that of the same period last year, and China's soybean supply should be higher than that of the same period last year China feed industry information network MWW (author:)