Us and China increase the price of soybean meal exported to Japan
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Last Update: 2002-01-28
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Source: Internet
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Author: User
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Introduction: the most unlikely thing in the feed for livestock is the adequate guarantee of protein, and one of the important sources of protein is the presence of soybean meal in the feed ingredients Every year, Japan imports a large amount of soybean meal from the United States, China and South America to meet the needs of domestic feed processing and production The main supplier of soybean meal to Japan is the United States, and the price of soybean meal to be shipped has risen The market price of American soybean meal shipped in February is about 230 US dollars per ton (delivered at the export port), which is 4.5% higher than the price of soybean meal delivered in February 2002 under the contract signed in December 2001 The price of Chinese soybean meal with the same delivery conditions and specifications has also risen to about 200 US dollars per ton, which is higher than the market price of February 2002 under the contract signed in December 2002 Up 5.3% The main reason why American soybean meal and Chinese soybean meal increase the export price to Japan is that the change of commodity market of CME always affects the commodity trading between various regions and countries, which is the index data when both sides price At present, the price of soybean meal in Chicago Commodity market has increased The market of soybean meal delivered recently was raised to $157.7 per ton, 6.7% higher than that in late December 2001 Originally, soybean meal in Chicago market was weak in late December 2001 Especially in the later stage, the international supply-demand relationship of soybean meal raw materials has been improved Moreover, in Europe, the fish meal, which is also an important raw material for feed production and processing, is suspected to be polluted When the feed manufacturers choose raw materials, they give up the fish meal and use the soybean meal, which drives the demand of soybean meal in the international market to increase, and the value of soybean meal will certainly increase The second factor that affects the rise of soybean meal market is the recent Argentine economic crisis Argentina has also developed into one of the major soybean producing countries in South America Soybean meal, as a byproduct of oil extraction, is exported to Europe and Southeast Asia in large quantities every year However, the economic crisis has not ended Many local soybean oil extraction plants have to shut down, which makes it impossible for Argentina to show the intention of exporting soybean meal to the importing countries at present, while feed production and processing plants There is no lack of continuous and balanced supply of raw soybean meal Feed manufacturers that used to use Argentine soybean meal now turn to buy American soybean meal This active soybean meal transaction soon stimulated the rise of soybean meal market Another important factor that directly affects the increase of soybean meal market in Japan is that the source of BSE is suspected to be meat and bone meal, and feed manufacturers are no longer willing to use meat and bone meal as processing materials, but also to produce feed by substituting soybean meal All feed manufacturers are competing for a kind of commodity soybean meal, and the market of soybean meal with rare as expensive will certainly be strong All of these factors actually pushed up the market of soybean meal export to Japan (author:) share to feed Weibo share to:
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