July 19 international soybean market news
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Last Update: 2002-07-19
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Source: Internet
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Author: User
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Introduction: 1 On Thursday, the CIF price of American soybeans was 50 cents / bushel in July, 48 cents / bushel in the first half of August, 38 cents / bushel in the second half of August and 29 cents / bushel in October; that of Brazil soybeans was 15 cents / bushel in August; that of Argentina soybeans was 8 cents / bushel in August 2 On Thursday, the asking price of off shore premium for American soybean meal was 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; the asking price of off shore premium for Brazilian soybean meal was - 25 cents / bushel in August; the asking price of off shore premium for Argentine soybean meal was - 39 cents / bushel in August, From October to December, - 22 cents / bushel 3 On Thursday, 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 Thursday, the U.S Department of Agriculture reported that the latest net sales of soybeans (old and new) in the week ended July 11 reached 317600 tons, higher than traders' forecasts These data showed that in the recent market, China cancelled 62500 tons of soybean orders, but this week, 60500 tons of soybeans were exported to China The sales volume of soybean meal in the United States is only 8000 tons, which is far lower than the range of 40000-90000 tons predicted by dealers The net sales volume of weekly soybean oil in the United States is 5800 tons, which is within the range predicted by dealers 5 On Thursday, the U.S Department of Agriculture reported that as of July 11, the U.S soybean export volume in 2001 / 02 had reached 27.5854 million tons, 96.99% of the U.S Department of agriculture's annual export target of 28.44 million tons, 8.76% higher than 25.363 million tons in the same period last year The volume of unsold sales reached 2.2001 million tons, up from 2.0918 million tons in the same period last year 6 On Thursday, soybean prices in Argentina were stable, and many exporters still stayed on the sidelines to try to make soybean prices fall from the annual high In Rosario, soybean prices rose slightly to 550 pesos / ton, or $152.35, up from Wednesday's 548.50 peso In Buenos Aires, 530-535 pesos / ton, in queuqne, 530 pesos / ton, and in Bahia Blanca, 550 pesos / ton 7 On Thursday, the South delivery price of crude palm oil for July shipment in southern Malaysia was quoted at rm1420 / ton (1 US dollar equivalent to RM3.80), down by RM15, but no deal was reported In August, the FOB port price of 33 degree refined palm oil was $395 / ton, down $5; in August, the FOB price of 24 degree refined palm oil was $400 / ton, down $5; from July to December, the 24 degree refined palm oil was traded at $397.50/ton (author:) share to feed Weibo share to:
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