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Analysts suggest China may be obtaining US soybeans indirectly by buying from Argentina, which has been purchasing US beans. Standard Grain's Joe Vaclavik says this is unlikely because Argentina's drought left it short of supply.
Argentina booked 850,000 tonnes of US soybeans since September and plans to ship 1.8 million tonnes to China in the coming months.
Argentine imports of US beans to re-export to China would indicate sustained overall soybean demand. Argentina's shortfall means it needs US supply, which supports US soybean export prices.
koel.comAngi Strand1 oct 2018Tras 696 eventos alcista de comercio pasados, Soja se movió una mediana de +0,3 % en 5 sesiones (54% al alza; mitad central entre -1,3 % y +1,9 %), y +0,7 % 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.
