echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Active Ingredient News > Feed Industry News > The export market price of soybeans in Meiwan fell sharply

    The export market price of soybeans in Meiwan fell sharply

    • Last Update: 2002-07-12
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    Introduction: the fluctuation of US soybean spot market on Wednesday can be described as crazy You can catch the moon from the sky and the turtle from the ocean from the sky! In early trading, the CBOT soybean futures market hit a four-year high of $6 per bushel in July, but finally closed at a negative of 3 cents due to lower demand in the spot market Export prices also plummeted, with the Louisiana Bay spot soybean export basis down more than 20 cents in late afternoon trading After Wednesday's trading, the CIF price of soybeans delivered at the port of Meiwan in July was 45-48 cents per bushel on CBOT's July soybean price, which was once 70 cents per bushel According to a spot trader, the grain depot has been holding the soybean tightly, watching the soybean price rise, but this morning it rained, and these grain depots were a little flustered Suddenly, there were 5 million bushels of soybean in the soybean export market of Lala Bay, which led to a sharp decline in the base price of soybean export On Wednesday, U.S inland soybean base prices also fluctuated sharply, from 13 cents up to 14 cents down (author:) share to feed Weibo share to:
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.