US soybean prices in Asia soared
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Last Update: 2002-07-19
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Source: Internet
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Author: User
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Introduction: Asian traders said on Wednesday that U.S oil soybeans are selling more in Asia than they were two or three weeks ago, because the U.S soybean futures are supported by the weather and tight spot supply Officials from Taiwan's major soybean crushing plants said that the U.S Chen soybean prices for August and September shipment were 130-138 cents per bushel, C & F, on cbost's January soybean price A week or two ago, the price was 123-124 cents on CBOT's November soybean price In the second half of September, the price of American new beans is about 110 cents per bushel on CBOT's November soybean price, and the price 10 days ago is 100 cents per bushel In Japan, the soybean price has also increased The September shipment price is about 152-155 US cents per bushel on CBOT's November soybean price, CNF Japan Two weeks ago, the price was 142 cents per bushel on CBOT soybeans.
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