Soybean meal price is hard to stop falling in a short time (9.12)

OA show ('918 '); due to the continuous arrival of imported soybeans, the port cargo has been piled up, and the domestic spot pressure is unprecedented heavy Compared with last week, the spot price continues to decline by 50-120 yuan, 2080-2150 yuan / ton in East China, 2100-2180 yuan / ton slightly higher in Jiangsu and Zhejiang The soybean purchased in advance has a huge loss, and the port soybean is basically selling at a loss The squeezing profit of oil plants has been greatly reduced due to the huge cost of raw materials and the falling price of soybean meal The cost of soybeans purchased in the early stage is between 2200-2300, while the arrival cost of September shipment is only 2050 yuan The market has begun to worry about the possibility of default in soybeans imported in the early stage The record soybean production in the United States is a foregone conclusion The increase of soybean supply will greatly suppress the rise of spot price It will take time for us to get out of the downturn Soybean meal prices are driven by soybeans, with a drop of about 30-100 yuan Soybean meal prices in Dalian and Shandong are between 1820-1920 yuan, and those in Jiangsu and Guangdong are between 1900-2000 yuan It is expected that the overseas soybean meal arrival in August will be about 100000 tons as in July It's better to predict the price decline in advance and the life of the oil plants that sell in advance It's very difficult for the oil plants that don't sell in advance It seems that there is no sign of stopping the decline in a short time China feed industry information network GZX (author:)