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Soybean meal on assessment: the price rise over the main - soybean meal and soybean - Food Industry by wqegtf desvf





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Soybean meal on assessment: the price rise over the main - soybean meal and soybean - Food Industry by
Article Posted: 02/13/2011
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Soybean meal on assessment: the price rise over the main - soybean meal and soybean - Food Industry


 
Business,Business News,Business Opportunities
1, spot areas: Soybean: the current purchase price of soybean oil plant in Heilongjiang Jixian region in 3580-3600 yuan / ton, friendship region 3560-3580 yuan / ton, Baoqing region 3540-3560 yuan / ton, the price was up five from last week 20 yuan / ton. Estimated short-term local soybean prices will remain volatile in small states, to wait for the end of the national policy of the administrative rules related to purchasing and storage.

Meal: CBOT soybean market closed last Friday there are ups and downs each, the overall strength is far weaker showing the pattern of recent, well below the intraday high, as the weekend approached, long liquidation selling profit. As of closing, CBOT soybean each other ups and downs. Spot, the spot market firm up domestic soybean meal, soybean meal and oil plant morning offer stable and gains, up from last week 5 30-100 yuan / ton range, learned last Friday significant heavy volume of transactions in some areas, specifically around the price as follows:

Heilongjiang Jixian, friendship regional soybean meal prices in the 3270-3320 yuan / ton, more stable; Jilin Siping 43% protein localized price 3550 yuan / ton, 46% protein 3760 yuan / ton, up 30 from last week 5 price yuan / ton; Jiangsu and south of the basic price in the 3600-3670 yuan / ton between the large-scale factory in Zhangjiagang recent execution of the contract area, Lianyungang offer 3,630 yuan / ton, Saturday price rose 30 yuan / ton, 3670 in Taizhou yuan / ton, up 50 yuan / ton, over the weekend, Nantong, Ningbo, Zhejiang sold in 3600-3620 yuan / ton; Shandong Qingdao closing 3650 yuan / ton, up from last week price of five and Saturday 30 yuan / ton , Boxing isolated 3,640 yuan / ton, up 30 yuan / ton, Linyi region 3650 yuan / ton, rose 80 yuan / ton, Jining district 3680-3700 yuan / ton, up 100 yuan / ton; Liaoning Shenyang 43% protein 3530 yuan / ton, 46% protein 3710 yuan / ton, up 60 yuan / ton, last Friday in some areas of Dalian 3480 yuan / ton a good deal, today the price stable at 3480 yuan / ton; Hebei Qinhuangdao offer 3,640 yuan / ton , up 40 yuan / ton, last Friday at 3520 yuan local / ton large heavy volume, oil plant shutdown is not available in Beijing, Tianjin during the weekend the local offer 3,510 yuan / ton, 46% protein sale, half under ground next month 42% contract offer on goods protein 3430 yuan / ton, 43% protein 3480 yuan / ton, 46% protein 3660 yuan / ton in some areas of Tianjin afternoon offer up 20 yuan / ton to 3,530 yuan / ton; Henan Zhoukou area transactions 3,680 yuan / ton, up 60 yuan / ton; Guangxi Fangchenggang area 3,600 yuan / ton, up 40 yuan / ton, the current factory boot normally.

Domestically, soybean meal spot prices stable and rising prices of some areas approaching 3700 yuan / ton line, in this year's high prices, reflecting the last Friday in parts of ship is better, north, Nantong, Jiangsu, Shandong and Liaoning a good deal in some areas, local large bang, some areas currently out of stock allegedly, support strong performance in meal prices. Analysis of the current situation, the Commerce Department today reported that in October forecast amount 2,125,500 tons of soybean to Hong Kong, in November forecast to 2,339,600 tons in Hong Kong are low. In addition, the recent Feed More stable overall demand, the National Bureau of Statistics released data showing the first three quarters of domestic pig herds 468 million, an increase of 2.2%. But also worried about survival, the recent prices of livestock and poultry products, breeding reduced profits, soybean prices will limit upside. In addition, purchase and sale of domestic soybean market temporarily to wait for the purchasing and storage policy of quiet certainty, it is estimated there will be conclusion this week, which means will flow into the domestic soybean market. Although the recent US-disk supported by the unfavorable weather, but the global soybean harvest, in sowing acreage of soybean in South America has maintained a record level. Bean is currently in the United States Sell Season, its performance is estimated that more positive, is expected to put before the relevant policies in the domestic soybean meal will remain high and volatile spot market price, watching the U.S. weather, the U.S. dollar, the U.S. drive towards domestic purchasing and storage policies, soybeans to Hong Kong, market transactions, oil factory started breeding market and other relevant circumstances.

International front, the weather continued to provide support for the soybean market, rainfall will further extend the U.S. crop harvest time.

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