Latest market analysis of world soybean market (12.29)
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Last Update: 2003-03-12
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Source: Internet
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Author: User
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OA show ('918 '); soybeans: there is not much trade activity, but the recent rise in water is one cent higher than last Friday The trading price in January was + 45 cents / bushel, and the asking price was + 46 cents / bushel The price of the barges loaded on the southern river is 4 cents higher than the nominal price, and the asking price for the day is + 8 cents Inland trade activities are rare due to the problems of the canal system The processors are very firm in their bids for recent supplies Export: traders are not interested in bidding this week The soybean market in China is very stable But the strengthening of the Gulf of Mexico has made the recent CIF prices as strong as those in the US interior The ideal price of Chinese buyers is about 3-5 US dollars / ton lower than the asking price of the day The EU market was very calm this week So do other Asian traders
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