July 18 international soybean market news

Introduction: 1 On Wednesday, the spot premium and discount of us soybeans remained unchanged, while Brazil fell while Argentina rose slightly The CIF price of American soybeans was 58 cents / bushel in July, 47 cents / bushel in the first half of August, 36 cents / bushel in the second half of August, and 30 cents / bushel in October; that of Brazil soybeans was 15 cents / bushel in October; that of Argentina soybeans was 7 cents / bushel in October 2 On Wednesday, the price of American soybean meal is 15 cents / bushel in July, 14 cents / bushel in the first half of August, and 15 cents / bushel in the second half of October December; Brazil soybean meal is - 25 cents / bushel in August; Argentina soybean meal is - 39 cents / bushel in August, From October to December, - 22 cents / bushel 3 On Wednesday, the asking price of the offshore premium for soybean oil in the United States was 100 cents / pound in August, that for Brazil was 50 cents / pound in August and 40 cents / pound in September, and that for Argentina was 50 cents / pound in August and 40 cents / pound in September 4 On Wednesday, Argentina's soybean prices fell sharply due to a stronger Peso exchange rate, lower demand from exporters and a fall in CBOT soybeans In Rosario, soybean prices closed at 545-550 pesos / ton, US $152.20-153.60, down 18-23 pesos The decline in soybean prices has led to a decrease in the number of soybeans available for sale in the market and a lack of active trading 5 On Wednesday, the spot price of soybean in the Midwest of the United States was stable, and the soybean sales market was calm As U.S soybean supply is still tight, and the rumor that the crusher is in a shutdown period pushed up August soybean meal, but traders are not interested in buying, mainly due to the hot weather and higher soybean meal prices leading to reduced demand for livestock feed 6 India is the world's largest vegetable oil importer Some traders say that the price fluctuation of Malaysian palm oil futures is restricted by the buying of India and China, the main consumers Indian importers have stepped up their purchases this week amid concerns that domestic weather could lead to a drop in summer oilseed production, Asian vegetable oil sources said on Wednesday From the end of last week to the beginning of this week, it is said that India has bought 50000-120000 tons of palm oil and 50000 tons of South American soybean oil, with CNF price of 475 US dollars / ton From July to the end of this year, Indian vegetable oil imports are expected to increase from 432606 tons in June to over 500000 tons per month, according to traders in Asia.