
Privately run Chinese firms bought at least 10 boatloads of U.S. soybeans, over 600,000 tonnes, ahead of high-level trade talks. The cargoes are slated for shipment from Pacific Northwest terminals from October to December.
The purchases were the largest by Chinese private importers in more than a year.
Large Chinese buying of U.S. beans supports export demand and narrows the discount to Brazilian supply, which is bullish for soybean prices. Buyers should watch whether the purchases are followed by a broader trade deal.
Tras 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.
Tras 224 eventos neutral de comercio pasados, Harina de soja se movió una mediana de -0,2 % en 5 sesiones (43% al alza; mitad central entre -1,7 % y +1,2 %), y -0,2 % 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.
Reports of Chinese private firms buying over 600,000 tonnes of US soybeans ahead of trade talks (reported Sept 11-12) would raise export demand expectations and drive the 3.4% rally.