South American soybean meal port basis strengthened to its highest since December 2024, with Brazil's FOB Paranagua at a $7/st premium to CBOT on March 20 and Argentina's Up River at $2/st. Market participants attribute part of the firmness to expected Chinese purchases of South American soybeans in place of US beans and EU meal buying due to trade disputes.
Outright FOB prices remain near lows since mid-2020.
Stronger South American meal premiums raise the landed cost of meal for importers despite low outright prices, and signal trade-diversion demand that could support soybean meal values into the new season.
Setelah 342 peristiwa perdagangan bullish sebelumnya, Bungkil Kedelai bergerak median +0,1% selama 5 sesi (51% lebih tinggi; separuh tengah -1,1% sampai +2,6%), dan +0,6% selama 20 sesi.
Setelah 696 peristiwa perdagangan bullish sebelumnya, Kedelai bergerak median +0,3% selama 5 sesi (54% lebih tinggi; separuh tengah -1,3% sampai +1,9%), dan +0,7% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.