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    Home > Biochemistry News > Amino Acids Research > June soybean meal market weak operation July or will continue to be cold.

    June soybean meal market weak operation July or will continue to be cold.

    • Last Update: 2020-07-30
    • Source: Internet
    • Author: User
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    June soybean meal market short atmosphere is more strong, the current market decline is obvious. With the surge in imported soybeanarrival to Hong Kong, the start-up rate of oil plants has increased significantly, the domestic supply surface loose to suppress the market. U.S. bean weather speculation gradually unfolded, the main shock of the distant month lower; Peripheral economic factors depressed commodity markets, resulting in the soybean meal period is now generally down trend. Under the influence of many negative, the "cold air" of the soybean meal market in June was diffused.. Yb7U.S. beans to maintain near strong and far weak pattern, even the weakYb7Yb7U.S. beans 07 contract and U.S. beans 11 contract daily trend chartYb7Yb7even bean meal contract and even soybean meal contract daily trend chartYb7June domestic and foreign soybean futures market Speculation that U.S. weather and rain delayed seeding at the beginning of the month dominated the market, coupled with tight u.S. soybean supply and higher spot prices, pushing the July contract to a mid-September high of $15.49. Mid-year U.S. beans maintained a near-strong and weak pattern, the U.S. supply of Chen bean and spot prices strong, supporting the contract in recent months, the far month by the June supply and demand report harvest expectations. Beginning in the middle and late month, "cold air" hit the domestic soybean market, peripheral economic factors and the delay in the cultivation of U.S. soybeans and other negative factors to suppress the market weak operation, the main shock of the U.S. soybeans, and in recent months 07 in the spot supply tight and near harvest period high rise. The Ministry of Agriculture's quarterly inventory and planting intentions report, released at the end of the month, boosted contracts in recent months to near eight-month highs, while contracts in the far month suffered a setback. Domestic soybean meal futures by the United States bean market far-away market main force to suppress the shock lower, but the late U.S. bean market near strong and weak on the domestic soybean meal price guidance is limited. Domestic soybean meal spot market, buyers are still bearish after the market, spot prices continue to loosen, the contract base spread gradually fell back. Soybean meal as a whole is in the partial pattern, operation is recommended short-empty high intervention.also need to be aware: the western United States in recent days, a once-in-a-century rare hot weather, also seems to be foreshadowing the summer of the 13th "weather market" speculation is about to start in the near future.. Yb7supply surface loose soybean meal spot bearishYb7Yb7 Yb7 June domestic soybean meal spot market "fall" sound, the average price of soybean meal at the end of the month 3830 yuan / ton, down 250 yuan / ton from the beginning of the month. Oil plant start-up rate increased significantly, bearish and sell-off mentality is stronger. Among them, the decline in soybean meal in southern China was more obvious, falling by 280 yuan per ton, while the decline of oil plants in the coastal areas of East China remained above 200 yuan. This month's turnover was relatively light, with a monthly turnover of about 1.062 million tons, down 630,000 tons from the previous month and a one-day high of 192,000 tons. It is clear from the figure that after a day of trading at the beginning of the month, the transaction situation is relatively light. According to the understanding of some oil plants actively consult traders and feed plant stock situation, and the spot traders are lower than the oil plant transaction price, which can be seen that the soybean meal market is more serious. Due to the arrival of soybeans after unloading ships need to wait in line, resulting in some oil plants temporarily shut down or delayed start-up, but the overall is still at a high level. With the concentration of soybeans to Hong Kong and the gradual unloading of ships, the start-up rate of the oil plant is expected to increase significantly to an ultra-high level in July. . Yb7 stocks, with a surge in soybean arrivals in June, the current domestic soybean port inventory rose to 5 million tons, oil plant soybean stocks rose to 3.1 million tons, the start rate increased, the oil plant soybean meal inventory was 650,000 tons, an increase of 250,000 tons from the previous month, and the number of outstanding contracts fell to 900,000 tons from the previous month, although it is now in a slow growth state. . Yb7 According to the schedule, the total amount of imported soybeans to Hong Kong in June at domestic ports was about 7.2 million tons, and due to the delay of some shipments to July, the arrival volume of soybeans in July is expected to reach 7.2 million tons, and the latest estimate of 5.5 million tons of imported soybeans in August was higher than the same period last year. Imports of soybeans arriving in Hong Kong in September were only 4 million tons, which was initially expected to be lower than the same period last year, but is likely to increase later. . Yb7 multiple negative pressure soybean meal market Yb7 1, weather speculation U.S. beans planting into a key Yb7 June began the slow start of the U.S. soybean planting process temporarily dominated the market, this year's rainy and floody weather, so that the new u.S. soybean planting process appeared significantly delayed, as of late June, still slightly behind the five-year average, which caused some U.S. soybean planting delay to early July. U.S. soybean stocks were 435 million bushels as of June 1, slightly below the estimated 442 million bushels, down from 667 million bushels in the same period last year and 999 million bushels in March, the U.S. Department of Agriculture said in its quarterly inventory report and planting intentions report. The U.S. soybean planting area was 77.728 million acres, up from the 7.7126 million acres expected in March and near the all-time high of 77.198 million acres in the same period last year. This report is a negative U.S. bean long-term main contract, and inventory report Lido in recent months, leading to the U.S. bean to maintain a near strong and weak pattern. Therefore, the soybean meal market to form a certain degree of repression. . Yb7 2, Brazil soybean export delay late arrival peak Yb7 due to early Brazilian port logistics problems and strike problems, soybean port shipments are seriously congested, arrival time delayed, so that the peak export period extended to July. Brazil is on track to overtake the United States as the world's largest soybean producer this year. Brazil's soybean exports jumped to 7.15 million tonnes in March from 3.54 million tonnes in March and a record 7.95 million tonnes in May, according to brazil's Trade Ministry. Most of the country's exports to China, according to the ship's budget, June-July China's soybean arrival volume will reach a high level, the supply side is very loose, soybean meal spot price high operation of the profit factor will gradually weaken. . Yb7 3, Argentina soybean production record Yb7 According to the July schedule forecast, China's soybean arrival part from Argentina. Soybean planting in Argentina is now largely over, with the Argentine Ministry of Agriculture predicting this year's soybean production of 50.2 million tonnes, slightly lower than last month's forecast of 50.6m tonnes, an increase of 25 per cent over the previous year and the second-highest on record. (Part of the concerns) . Yb7 the low demand for meat and poultry after the market looked weak Yb7 Yb7 poultry farming is still mainly to shock adjustment, broiler prices continue to fluctuate a small rise adjustment, while egg prices remain depressed. Tolearn from farmers, the recent market downturn in farming, are in the cost of a line of operation, low egg prices are a fact. Demand for soybean meal remains weak. . Yb7 May, China's pig stock of 447.58 million, an increase of 0.2% month-on-month, the national can breed sow column 50.13 million, flat month-on-month, up 1.7% YoY, 3.07% higher than the historical average, and, at present, the industry has not yet seen a large-scale elimination of sow sow phenomenon, the next February will not appear pork supply shortage phenomenon. The sow storage column de-de-seisting speed is lower than expected, which means that the current cycle bottomtime or delay. As temperatures rise, the following July and August are the traditional off-season for meat consumption, apparently unsupportive on the demand side. Therefore, to a certain extent, the impact of domestic feed manufacturers on the spot of soybean meal later trend is more bearish. . Yb7 after the market forecast Yb7 June soybean meal market shrouded in a "cold air", the short atmosphere is more intense. From the gradual easing of supply in the face to the downturn in demand, the soybean meal market has been depressed. As of July, the bearish atmosphere in the market has increased. According to the yan, the July schedule is forecast to reach more than 7 million tons of soybeans, and the amount of domestic soybean imports will remain at the first line of 6 million tons until August. It can be seen that in such a generous supply, July soybean meal market may face a sharp decline in the market. Procurement is recommended as you buy, holding 5-7 days inventory is appropriate. . Yb7 June soybean meal market short atmosphere is more strong, the current market decline is obvious. With the surge in imported soybeanarrival to Hong Kong, the start-up rate of oil plants has increased significantly, the domestic supply surface loose to suppress the market. U.S. bean weather speculation gradually unfolded, the main shock of the distant month lower; Peripheral economic factors depressed commodity markets, resulting in the soybean meal period is now generally down trend. Under the influence of many negative, the "cold air" of the soybean meal market in June was diffused. . Yb7 U.S. beans to maintain near strong and far weak pattern, even the weak Yb7 Yb7 U.S. beans 07 contract and U.S. beans 11 contract daily trend chart Yb7 Yb7 even bean meal contract and even soybean meal contract daily trend chart Yb7 June domestic and foreign soybean futures market Speculation that U.S. weather and rain delayed seeding at the beginning of the month dominated the market, coupled with tight u.S. soybean supply and higher spot prices, pushing the July contract to a mid-September high of $15.49. Mid-year U.S. beans maintained a near-strong and weak pattern, the U.S. supply of Chen bean and spot prices strong, supporting the contract in recent months, the far month by the June supply and demand report harvest expectations. Beginning in the middle and late month, "cold air" hit the domestic soybean market, peripheral economic factors and the delay in the cultivation of U.S. soybeans and other negative factors to suppress the market weak operation, the main shock of the U.S. soybeans, and in recent months 07 in the spot supply tight and near harvest period high rise. The Ministry of Agriculture's quarterly inventory and planting intentions report, released at the end of the month, boosted contracts in recent months to near eight-month highs, while contracts in the far month suffered a setback. Domestic soybean meal futures by the United States bean market far-away market main force to suppress the shock lower, but the late U.S. bean market near strong and weak on the domestic soybean meal price guidance is limited. Domestic soybean meal spot market, buyers are still bearish after the market, spot prices continue to loosen, the contract base spread gradually fell back. Soybean meal as a whole is in the partial pattern, operation is recommended short-empty high intervention. also need to be aware: the western United States in recent days, a once-in-a-century rare hot weather, also seems to be foreshadowing the summer of the 13th "weather market" speculation is about to start in the near future. . Yb7 supply surface loose soybean meal spot bearish Yb7 Yb7 Yb7 June domestic soybean meal spot market "fall" sound, the average price of soybean meal at the end of the month 3830 yuan / ton, down 250 yuan / ton from the beginning of the month. Oil plant start-up rate increased significantly, bearish and sell-off mentality is stronger. Among them, the decline in soybean meal in southern China was more obvious, falling by 280 yuan per ton, while the decline of oil plants in the coastal areas of East China remained above 200 yuan. This month's turnover was relatively light, with a monthly turnover of about 1.062 million tons, down 630,000 tons from the previous month and a one-day high of 192,000 tons. It is clear from the figure that after a day of trading at the beginning of the month, the transaction situation is relatively light. According to the understanding of some oil plants actively consult traders and feed plant stock situation, and the spot traders are lower than the oil plant transaction price, which can be seen that the soybean meal market is more serious. Due to the arrival of soybeans after unloading ships need to wait in line, resulting in some oil plants temporarily shut down or delayed start-up, but the overall is still at a high level. With the concentration of soybeans to Hong Kong and the gradual unloading of ships, the start-up rate of the oil plant is expected to increase significantly to an ultra-high level in July. . Yb7 stocks, with a surge in soybean arrivals in June, the current domestic soybean port inventory rose to 5 million tons, oil plant soybean stocks rose to 3.1 million tons, the start rate increased, the oil plant soybean meal inventory was 650,000 tons, an increase of 250,000 tons from the previous month, and the number of outstanding contracts fell to 900,000 tons from the previous month, although it is now in a slow growth state. . Yb7 According to the schedule, the total amount of imported soybeans to Hong Kong in June at domestic ports was about 7.2 million tons, and due to the delay of some shipments to July, the arrival volume of soybeans in July is expected to reach 7.2 million tons, and the latest estimate of 5.5 million tons of imported soybeans in August was higher than the same period last year. Imports of soybeans arriving in Hong Kong in September were only 4 million tons, which was initially expected to be lower than the same period last year, but is likely to increase later. . Yb7 multiple negative to suppress the soybean meal market Yb7 1, the weather speculation U.S. beans planting into a key .
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