World soybean meal demand growth slowed to 5% from 8% this year
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Last Update: 2002-08-06
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Source: Internet
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Author: User
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Introduction: oil world revealed that the world soybean meal consumption will reach 133.3 million tons next year, compared with 126.7 million tons this year If the output of four kinds of meal is not reduced and the world import is increased, the growth rate of consumption will be smaller, especially in developing countries At the same time, the import of developed countries will be increased from October to December 2001 On the other hand, the price of soybean meal (other meal) in 2002 / 03 was higher than this year because of the soaring price of oilseeds But soybean and rapeseed prices have risen much more than both meals (and others), as crushing is mainly used for more demanding oil As a result, the share of oil in the value of comprehensive products will increase significantly, while that of meal will decrease relatively As soybean crushing mainly serves the oil demand, the world soybean meal inventory growth in 2002 / 03 must exceed 8% to 6.1 million tons The demand for oil in the world market greatly exceeds the demand for meal (author:) share to feed Weibo share to:
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