# Regional Plantation - UOB Kay Hian 2017-06-29: Soybean Demand Hinges On China’s Consumption | SG Investors.io

> UOB Kay Hian says soybean planting is expected to keep rising to meet growing Chinese demand as meat consumption grows. It notes that ample soybean supply caps soybean oil and palm oil prices, while Wilmar benefits as a major soymeal supplier to China's feed industry.

- Date: 2017-06-29 · published 2017-06-29T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/70485-regional-plantation-uob-kay-hian-2017-06-29-soybean-demand-hinges-on-china-s
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Ample soybean supply pressures soybean oil and palm oil prices, while sustained Chinese meat-driven demand supports soymeal use in feed.

## Read by commodity

- SBM: bullish ▲
- SBO: bearish ▼
- SOY: neutral
- PALMOIL: bearish ▼

## Sources

- research.sginvestors.io: https://research.sginvestors.io/2017/06/plantation-regional-wilmar-golden-agri-resources-uob-kay-hian-2017-06-29.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.