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EU soybean meal imports have kept falling since the start of the 2020-21 marketing year, according to market sources cited by S&P Global Platts. Tight supplies from Argentina and Brazil, the EU's two top suppliers, are cited as the cause.
Raw soybean purchases were up 3% on the year at 10.5 million tonnes, and Argentine crushing is struggling on low Paraguayan bean supplies.
Lower EU meal imports from a tight South American supply base reduce competition for available meal and support soymeal prices, though weaker EU demand partly offsets this.
spglobal.com22 mar 2021Tras 342 eventos alcista de comercio pasados, Harina de soja se movió una mediana de +0,1 % en 5 sesiones (51% al alza; mitad central entre -1,1 % y +2,6 %), y +0,6 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
