Soybean meal market is strong, the medium and long lines are still empty.

introduction:iq5this week the domestic soybean meal market continued to maintain a volatile rally, mainly due to the bottom of the port soybean stocks, oil plant construction is limited, resulting in the soybean meal supply is also relatively tight, pressing profits are relatively low, in the short term to support the spot price of soybean meal strong operation. On the external market, due to speculation about the supply of tight factors, the short-term performance of the United States bean is strong, stimulating even the plate soybean meal continued to rise, in the long run is still negative.iq5supply tight by speculation that thecontract5contract5openiq5closethe lowestiq5high iq5 iq5 U.S. bean july . iq5 1394 iq5 1448.4 iq5 1393.4 iq5 1450 iq5 3.53% iq5 iq5 3245 iq5 3282 5 . 3216 iq5 3295 0.58% iq5 recently by the tight supply of U.S. soybeans and the spot price, the U.S. bean market performance is strong, near strong and far weak pattern continues, stimulating the market bean meal shock higher. This week's U.S. bean 07 contract for the fourth consecutive day 60-day moving average above the volatility higher, weekly gains of 3.53%; On Monday, the monthly u.S. soybean contract was boosted to a six-month high on the back of a strong spot market and tight U.S. supplies, with the main 07 contract following the rally. U.S. soybeans closed lower for the second day in a row, but less, as technical selling and monthly press data showed u.S. soybean squash progress fell less than expected. The July contract hit a six-and-a-half-week high on Friday on the back of tight Supply and strong spot markets in the U.S. Outside the short-term shock rebound, stimulate the trend of even disk soybean meal, the domestic market continues to close to the United States beans. Medium-long-line beans fundamentals are still empty, it is recommended to continue to high-sorgord mainly. iq5 oil plant volume volume price performance iq5 20 weeks domestic soybean meal spot transaction price unit: yuan / tons iq5 region iq5 protein iq5 5 13 iq5 5 . On , iq5 rose and fell 5 iq5 39 5 395 395 5 3910 3910 iq 5 391 0 . iq5 4000 iq5 50 iq5 Lianyun gang iq5 43% iq5 3930 iq5 3960 iq5 30 iq5 iq5 43% iq5 3830. iq5 3880 iq5 50 iq5 Qinhuangdao iq5 iq5 3880 iq5 3930 iq5 50 iq5 Dalian iq5 43% iq5 3780. iq5 3780 iq5 iq5 average price iq5 43% iq 5 3900 3952 52 iq5 due to stable soybean meal inventory in oil plants, the port soybean inventory remains low this week, domestic soybean meal spot market volatility this week. On Friday, the average domestic soybean meal transaction price was 3950 yuan / ton, up 50 yuan from last Friday, the weekly turnover of 406,000 tons, a decrease of about 74,000 tons from last week, a daily turnover of up to 138,000 tons, which can be seen this week feed plant procurement mentality is strong, and oil plant shipments are more positive. Soybeans from oil plants across the country this week totaled 1.1173 million tons, up 4.74 percent from last week and 43.74 percent capacity utilization, up 1.98 percent from last week. The start-up situation is slightly better than last week, but the overall is still at a low level, the current recovery rate of oil plants is still relatively slow, is expected to return to a higher level in early June. On the demand side, the aquaculture industry has not yet been restored, pig losses are still more serious; Therefore, it will take some time for the downstream feeding demand to turn around substantially. With the concentration of soybeans in Hong Kong at the end of May (or early June), upstream supply constraints will be eased, while downstream demand remains light, with more room for soybean meal downwards. Overall, this network recommends quantitative and prudent procurement, should not be too chasing up; iq5 after the market forecast iq5 at present, the port soybean inventory is less than 2 million tons, and there is a gradual decline in the trend, domestic soybean meal stocks have also decreased accordingly. Until imported soybeans are concentrated in Hong Kong, soybean meal market prices will continue to be boosted by supply in the short term. According to the shipping schedule and arrival forecast, China's imported soybean arrival volume in May, June and July was about 5.6 million tons, 7 million tons, and about 6 million tons. It can be seen that in the next few months, the increase in the total amount of imported soybeans on the domestic soybean meal prices to form a greater pressure. Plus the feeding demand for the substantial turn of the good will take some time, medium and long line soybean meal will still be hollow-oriented. iq5 introduction: iq5 this week the domestic soybean meal market continued to maintain a volatile rally, mainly due to the bottom of the port soybean inventory, oil plant construction is limited, resulting in the soybean meal supply is also relatively tight, pressing profit is relatively low, in the short term to support the spot price of soybean meal strong operation. On the external market, due to speculation about the supply of tight factors, the short-term performance of the United States bean is strong, stimulating even the plate soybean meal continued to rise, in the long run is still negative. iq5 supply tight by speculation that the contract 5 contract 5 open iq 5 close the lowest iq5 high iq5 iq5 U.S. bean july . iq5 1394 iq5 1448.4 iq5 1393.4 iq5 1450 iq5 3.53% iq5 iq5 3245 iq5 3282 5 . 3216 iq5 3295 0.58% iq5 recently by the tight supply of U.S. soybeans and the spot price, the U.S. bean market performance is strong, near strong and far weak pattern continues, stimulating the market bean meal shock higher. This week,"d'oeme 07 contracts rose above the 60-day moving average for the fourth day in a row, up 3 points for the week.