Loading…
A Chinese buyer signed a deal to import 30,000 tonnes of Argentine soymeal priced at $345 per tonne including freight, for September-October shipment. This is the third such Reuters-reported deal since June, and Argentina's soymeal is priced below domestic Chinese crushed meal after export taxes were cut to 24.5% from 31%.
Cheaper Argentine soymeal gains share in China's market, adding competitive pressure on US and Brazilian soymeal prices and supporting Chinese feed margins.
tradingview.comAug 1, 2025After 384 past bearish trade events, Soybean Meal moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and -0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
