Loading…
China's most active soybean meal futures on the Dalian Commodity Exchange fell 5.5% to 3,891 yuan a tonne, their biggest decline since February 2013. Soyoil also dropped 4%, following a sharp fall in overseas edible oil markets.
Chicago soybean prices have reportedly fallen 20% over the past two weeks.
Weak Chinese crush-product prices and rising domestic meal inventories reduce import demand for soymeal and soybeans, putting downward pressure on global protein meal prices.
shippingherald.cominfo infoJun 24, 2022Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
