Loading…
A S&P Global Commodity Insights survey of 10 market participants projects China's 2022 soybean imports at 90.8 million mt, down 6% year on year. Demand for June and July shipment was revised lower, and January-April purchases were down 1%.
Weaker Chinese import demand reduces global soybean and meal demand, which is bearish for soybean prices, while the outlook for 2023 is described as bullish.
ukragroconsult.comMay 30, 2022Not 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.
