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S&P Global Platts launched three daily soybean spot price assessments: SOYBEX CFR China, FOB Santos and FOB Paranagua. The company said the move responds to growing international soybean trade flows and new arbitrage risks.
Better price transparency for Brazil and China soybean trade improves hedging tools but does not by itself move prices.
press.spglobal.comJul 31, 2018Not 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.
