The Ministry of Agriculture released the price trends of the world's major agricultural products in March
-
Last Update: 2002-04-18
-
Source: Internet
-
Author: User
Search more information of high quality chemicals, good prices and reliable suppliers, visit
www.echemi.com
Introduction: according to our monitoring, in March 2002, the price of agricultural products in the international market was relatively stable, with little increase or decrease Among the main grain varieties in the international market, the spot price of soybeans continues to rise, the spot price of corn decreases slightly, and the price of rice and wheat is relatively stable; among the edible vegetable oil varieties, the price of soybean oil and rapeseed oil continues to fall, the price of palm oil and peanut oil rises slightly; the price of cotton continues to fall; the price of sugar rises slightly; the price of pork and beef continues to fall 。 The details are as follows (calculated at the exchange rate of RMB 828.94:100, GBP 1180.72:100 and euro 727.43:100): (1) Among the main grain varieties in the international market, the spot price of soybeans continued to rise, the spot price of corn decreased slightly, and the price of rice and wheat was relatively stable The average spot price of hard red winter wheat No.1 in the United States was 1125 yuan per ton (delivery price of Northwest Pacific port), 0.6% lower than that of the previous month, which was the same as that of the same period last year The average spot price of soft red winter wheat No.2 in the United States was 959 yuan per ton (northwest) Pacific port delivery price), 1.6% higher than last month and 10.5% higher than the same period last year The most recent futures price was 896 yuan per ton (CME closing price on March 27), up 10.1% from the end of last month The average spot price of corn is 745 yuan per ton (US yellow corn No.2, Gulf delivery price), down 0.8% from last month and 1.2% from the same period last year The most recent futures price was 673 yuan per ton (CME closing price on March 27), up 2.9% from the end of last month The spot price of VLM rice is 1451 yuan per ton (FOB Bangkok, including 25% crushed rice), basically the same as last month, up 12.9% from the same period last year This month is the fourth consecutive month that rice prices have rebounded The average spot price of VLM soybeans is 1478 yuan per ton (US No.1 soybeans, Gulf delivery price), up 3.1% from last month and 1.4% from the same period last year The most recent futures price was 1440 yuan per ton (CME closing price on March 27), up 8.5% from the end of last month (II) cotton prices continue to fall After the short-term recovery of cotton prices in the VLM international market, this month continued the downward trend of last month and fell for the second consecutive month In March 2002, 7680 yuan per ton of cotton in the international market (UK cotton outlook a index), down 1.2% from last month and 24.2% from the same period last year (3) among the varieties of edible vegetable oil, the price of soybean oil and rapeseed oil continued to decline, while the price of palm oil and peanut oil slightly increased; the price of soybean oil per ton was 2955 yuan (FOB ex works Netherlands), down 2.4% from last month, up 8.5% from the same period last year Rapeseed oil is 3412 yuan per ton (FOB ex works Netherlands), down 1.9% from last month and up 13.3% from the same period last year Peanut oil cost 5519 yuan per ton (CIF Rotterdam), up 0.1% on last month and down 4.0% on the same period last year Palm oil is 2769 yuan per ton (CIF European market), 1.0% higher than last month and 35.1% higher than the same period last year (IV) sugar prices picked up slightly VLM international market sugar prices picked up slightly on the basis of last month's fall In March 2002, the price of sugar in the international market was 1977 yuan per ton (FOB London market contract 5), up 0.8% on last month and 4.9% on the same period last year (V) the price of pork and beef continued to fall by 44769 yuan per ton of VLM pork (US made, frozen split meat, wholesale price in Japanese market), down 0.2% from last month, down 26.3% from the same period last year Pork prices have fallen for seven consecutive months Beef is 34958 yuan per ton (Australian, whole frozen, wholesale price in Japanese market), 1.9% lower than last month and 3.2% higher than the same period last year VLM (author:) to feed Weibo 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.